If a jury cannot reach a verdict, the judge:
a. declares a mistrial
b. polls the jury and goes with the majority to determine the verdict c. dismisses the jury and orders a verdict
d. determines a verdict on points of law and has the jury reach a verdict only on the facts e. all of the other choices are available options
a
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A four-year corporate bond with a 7% coupon has a Z-spread of 200 bps. Assume a flat yield curve with an interest rate for all maturities of 5% and annual compounding. The bond will most likely sell:
A. close to par. B. at a premium to par. C. at a discount to par.
When property is destroyed or taken by a governmental entity for public use, and money is paid to the owner, which of the following terms describes that event:
A: Subrogated recessions; B: Involuntary conversion; C: Economic obsolescence; D: Extinguishment conveyance.