The return of goods or property received from the other party to rescind a contract is known as restitution

Indicate whether the statement is true or false

TRUE

Business

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Royal Bank common shares pay dividends annually. They just paid a $1.50 dividend. Stock holders require a return of 12%. Royal is expected to continue paying dividends that will grow at 3.5% per annum in perpetuity

What is the fair price of a share of Royal Bank stock? A) $18.26 B) $12.50 C) $17.65 D) $18.90 E) $16.72

Business

When a software product is considered ________, it becomes difficult to hold software producers liable for flaws in their product

A) to be part of a machine B) similar to books C) a service D) to be an artistic expression E) a tangible product rather than a service

Business