When the circumstances are such that an award of money damages would not provide an adequate remedy for default in a contract, a suit for specific performance could be successfully brought by all of the following except:
A: One who is purchasing a single-family residence;
B: An attorney-in-fact for a principal who resides in another state;
C: A licensed real estate broker acting as agent for the principals;
D: The seller of vacant agricultural land
Answer: C: A licensed real estate broker acting as agent for the principals;
Business
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Indicate whether the statement is true or false
Business
The Bonsai Nursery Corporation has $1,000 par value bonds with a coupon rate of 8% per year making semiannual coupon payments
If there are twelve years remaining prior to maturity and these bonds are selling for $876.40, what is the yield to maturity for these bonds? A) 9.80% B) 8.00% C) 9.77% D) 8.33%
Business