Tuan, Inc contracted to buy 200 monogrammed blankets from Titex, Inc Before Titex segregated and monogrammed the blankets, Tuan filed for bankruptcy. Tuan does not own title to the blankets because
a. Tuan is a merchant.
b. the blankets were not identified to the contract.
c. Tuan became bankrupt after the contract was formed.
d. the goods were specially manufactured.
b
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A good rule of thumb is that an emergency fund should
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Suppose you are holding a 5 percent coupon bond maturing in one year with a yield to maturity of 15 percent
If the interest rate on one-year bonds rises from 15 percent to 20 percent over the course of the year, what is the yearly return on the bond you are holding? A) 5 percent B) 10 percent C) 15 percent D) 20 percent