Jimmy is working on a performance appraisal for his subordinate, Jackie. The questionnaire asks whether Jackie is effective at working with others. Jimmy doesn't have many opportunities to observe Jackie around others, but he thinks she's a good employee in general, so he rates her high on this characteristic. Jimmy has made which type of rating error?

Frustration is an outside event that makes the performance of the contract impossible and

excuses a party from performance. Indicate whether the statement is true or false

Which of the following is not an element of the Gordon growth model of stock valuation?

A) The stock's most recent dividend paid B) The expected constant growth rate of dividends C) The required return on investments in equity D) The stock's expected future price