Maggie and Nate enter into a contract for the sale of a car, but Nate later refuses to deliver the car. Maggie asks a court to order Nate to perform as promised. Ordering a party to perform what was promised is

a. specific performance.
b. damages.
c. rescission.
d. beyond the court's authority.

a

Business

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Sleep Tight Motel has the opportunity to purchase an adjacent plot of land. Building on this land would increase their capacity from the current sales level of $515,000/year to $600,000/year

Sleep Tight experiences a 20 percent before-tax profit margin. It wishes to estimate the additional before-tax profits that the expansion will produce. Using the following information, how much more before-tax cash flow would be realized just in year 10 alone? Year Capacity Requirement (Annual Sales) 1 $515,000 2 $517,000 3 $520,000 4 $525,000 5 $540,000 6 $560,000 7 $565,000 8 $575,000 9 $600,000 10 $620,000 A) less than or equal to $20,000 B) greater than $20,000 but less than or equal to $25,000 C) greater than $25,000 but less than or equal to $30,000 D) greater than 30,000

Business

If the buyer is insolvent and has not paid for goods it has received, the seller may reclaim the goods

a. True b. False Indicate whether the statement is true or false

Business