Answer:
The buyer can sue for specific performance of the contract. In real estate, in order for the buyer to be able to sue for specific performance, he/she must have all the money (or mortgage) ready to finish the transaction. It is very difficult for someone to sue for damages for not wanting to complete the sale of a house because houses are unique in a way that similar houses in different neighborhoods or even streets might be worth a lot more or less.
When you sue for specific performance, the non-breaching party will request that the other party performs their side of the contract.
Answer:
Ray should place 32 orders each time.
Explanation:
number Ray should order each time
= sqrt(2*Annual Demand*Ordering Cost /Carrying cost per unit per annum )
= sqrt(2*1,174*$24/$55)
= 32
Therefore, Ray should place 32 orders each time.
Answer:
Cash Flow Year Present value
- 0 0.00
3.41 1 2.99
3.58 2 2.76
3.76 3 2.54
3.95 4 2.38
4.15 5 2.23
4.36 6 2.09
91.46 6 43.94
Current share price = $58.93
Explanation:
Answer:
Reducing risk
Explanation:
The two ways by which risk can be managed are;
✓ Risk avoidance
✓ risk reduction
risk reduction are activities needed to bring about lower likelihood of risk as well as severity of loss. We can reduce risk through reduction of allocation of our resources to risky situation. An example of reducing risk is in the instance of Financial markets that are making the process of borrowing large amounts of money easier because they simplify the negotiation process between borrowers and lenders.
The correct answer is D. All of these.
