All categories

2 years ago

Can Twin Creeks demand specific performance from JVC?

Business

1 answer:

vagabundo [1.1K]2 years ago

5 0

In the case of Twin Creeks vs JVC, specific performance would not be considered in the instance of Twin Creeks and JVC since the subject of the contract, cassettes, is not unique.

<h3>What is Specific Performance in Law?
</h3>

Specific performance is a remedy used by courts when no alternative remedy, such as money, is available to appropriately recompense the other party.

Put differently, a contractual remedy in which the court requires one party to execute its commitment as precisely as feasible since monetary damages are insufficient to repair the loss. Most typically ordered in real estate and unusual chattels situations.

Learn more about Specific Performance:
brainly.com/question/27900839
#SPJ1

You might be interested in

The Ascent, a mountain bicycle manufacturer, has been in the bicycle industry for a year now. The CEO wishes to better the compa

Alinara [238K]

Answer: e. generating alternative goals and plans.

Explanation:

The step in formal planning process is the CEO performing when he debates between opening a new branch and reducing the prices is referred to as generating alternative goals and plans.

Here, the CEO wants to increase the sales of the company and in an attempt to do that he's considering different alternatives in order to know and decide which one will be best for the company to undertake. This means he is generating alternative goals and plans.

Options A-D are wrong as the CEO isn't monitoring, controlling or implementing any plan. Option E is the right answer.

6 0

3 years ago

Imagine that you are holding 7,000 shares of stock, currently selling at $70 per share. You are ready to sell the shares but wou

Readme [11.4K]

Answer:

Consider the following calculations

Explanation:

Number of Shares held = 7000

Current Price = $ 70

Portfolio Value = 7000 * 70 = 490,000

If continued to hold the shares

Portfolio value at $ 57 = 7000 * 57 = 399,000

Portfolio Value at $ 77 = 7000 * 77 = 539,000

If implemented collar strategy - Selling a call option and buying a put option

Call option

Strike Price = 75

Price of the option = $ 2

Put Option

Strike Price = 65

Price of the option = $ 4

Amount received on sale of Call option = 7000 * 2 = 14,000

Amount paid on buying a put option = 7000 * 4 = 28,000

Value of the Portfolio = 7000 * 70 + 14000 – 28000 = 490,000 +14000 – 28000 = 476,000

If the stock price in January is 57

As the strike price 75 is higher than the current market price of 57, the call option buyer will allow the option to expire

As the strike price of 65 is higher than the current price of 57, the investor will utilise the put option

Profit from Put option can be obtained by buying shares from market and selling the same under the put option

Profit from put option =7000 * (65-57) = 7000 * 8 = 56000

Value of the portfolio = Holding Value at current price + premium received – premium paid+ profit from put option

= 7000 * 57 + 14000 – 28000 + 56000

= 399000 + 14000 – 28000 + 56000

= 441,000

If the stock price in January is 70

As the strike price 75 is higher than the market price of 70, the call option buyer will allow the option to expire

As the strike price of 65 is lower than market price of 70, the invest will allow the put option to expire

Portfolio Value = Holding value at current market price + premium received – premium paid

= 7000 * 70 + 14000 – 28000

= 490000 + 14000 – 28000 = 476,000

If the market price in January is 77

As the strike price of 75 is lower than market price of 77, the buyer of call option will enforce the call option

Loss from call option = 7000 * (77-75) = 7000 * 2 = 14000

As the strike price of 65 is lower than market price of 77, the investor will allow the put option to expire

Portfolio Value = Holding value at current market price + premium received – premium paid – loss on call option

Portfolio value = 7000 * 77 + 14000 – 28000 – 14000

= 539000 + 14000 – 28000 – 14000

= 511,000

Download xlsx

4 0

4 years ago

Your firm is preparing to open a new retail strip mall and you have multiple businesses that would like lease space in it. Each

riadik2000 [5.3K]

Answer:

I would like to lease spaces to the following businesses:

Square Feet Expected Monthly

S-Mart 12,000 $180,000

WalVerde Drugs 6,000 147,000

Videos Now 4,000 70,000

They have the highest monthly expected cash flows to be able to pay the monthly rent. Another reason is that the variable part of the rent depends on each business's monthly gross sales. The higher the gross sales, the higher the rent. They also require the highest square space on which the fixed element of the rent depends.

Explanation:

a) Data and Calculations:

Square Feet Expected Monthly

Business Name Required Cash Flow

Videos Now 4,000 $70,000

Gords Gym 3,500 52,500

Pizza Warehouse 2,500 52,500

Super Clips 1,500 25,500

30 1/2 Flavors 1,500 28,500

S-Mart 12,000 180,000

WalVerde Drugs 6,000 147,000

Multigular Wireless 1,000 22,250

Space available for leasing = 15,000 square feet

S-Mart 12,000 $180,000

WalVerde Drugs 6,000 147,000

Videos Now 4,000 70,000

6 0

3 years ago

The following information ($ in millions) comes from a recent annual report of Amazon, Inc.:

tino4ka555 [31]

Answer:

(a) Amazon's balance in cash at the beginning of the year is $1,085 million

(b) Amazon's total liabilities at the end of the year is $3,914 million

(d) Income before income tax for Amazon is $366 million

Explanation:

(a) Beginning cash balance = Ending cash balance - net increase in cash for the year

= $1,104 million - $19 million

= $1,085 million

(b) Total assets = Total liabilities + Total stockholders' equity

$4,417 million = Total liabilities + $503 million

Total liabilities = ($4,417 - $503) million

= $3,914 million

= $10,722 million - $2,458 million

= $8,264 million

(d) Income before income tax = Gross profit - operating expenses - other expenses

= $2,458 million - $2,062 million - $30 million

= $ 366 million

4 0

3 years ago

Whenever Don calls on potential pest control customers, he emphasizes the fact that, unlike the national franchise competitors,

Amiraneli [1.4K]

Answer:

positioning

Explanation:

Based on the information provided within the question it can be said that in this scenario Don is positioning his business relative to his competition. In the context of business, positioning refers to the actions taken by a business in order to for the business/brand to occupy a specific place in the minds of their customers, as well as setting them apart from the competition, so that those customers choose them instead of the competition.

7 0

3 years ago