In this case: <u>c. if the court finds that Shawn has substantially performed, he will be able to recover the contract price less any damages caused by his failure to perform as promised.</u>
<u>Explanation</u>:
Harry signed a contract with Shawn to build a house. Harry made some specification to build the house. Shawn did not complete the house according to the specification of the Harry. So Harry refused to pay the contract amount.
<u>Under doctrine of specific performance</u>, the defendant, who has performed substantially, saving some part of contract which is not central to the contract unintentionally, he /she is entitled to receive the contract price as agreed less the money needed to correct the mistakes made by him.
So in this case, Harry can pay less money than the contract price.
Answer: threat
Explanation:
When restrictive government policies don't exist or when the industries become deregulated, then the threat of entry is high.
It should be noted that when there's entry of new competitors in an industry that offers same goods or services, then the competitive position of the company will be at risk. Therefore, the threat of new entrants refers to the ability of new companies to enter into an industry.
In such case, since there's no restriction of government policies, then the threat of entry will be high.
Answer:B. One year from now Bond A's price will be higher than it is today.
Explanation:A Noncallable bond is a bond whose investment cannot be redeemed before its maturity date by the issuer, it can only be redeemed after the payment of a penalty.
The issuer of a noncallable bond makes itself vunerable to interest rate risk mainly because, at the issuance of the bond, it is locked to the interest rate it will pay only when the bond's maturity date is achieved.
Coupon rate is the rate at which a bond repay its owner,it can be annual.
Free enterprise economy's freedom of producers provide these five benefits for individual consumers:
1. Private Property<span>Any individual has the right to own a private property for business and on business purposes.
2. Voluntary exchange
The government can own the land without the permission of the owner.
</span>3. Public Property<span>
</span>Any property that is government owned. 4. Choice5. Voluntary expense