Kindly answer the following statements please
7. What is the legal distinction between duress and undue influence as vitiating factors?
8. Communicating of an offer must be made to a particular individual, groups etc. What happens
a. if the communication is made to an individual that the offeror does not in tend to contract with?
b. Where the contract is made to a specified person but is accepted by another person?
c. Where an offer is communicated to a class or group of persons.
d. Where an offer is communicated to the general public or the whole world.
9. What is
a) supervisory jurisdiction
b) Exclusive jurisdiction
c) Appellate jurisdiction
d) Original jurisdiction?
10. What are the brief facts and legal principles espoused in the following cases:
a. RAFFLES v. WICHELHAUS
b. BALFOUR v. BALFOUR
c. TAMPLIN V JAMES
d. DE FRANCESCO V BARNUM
e. SCRIVEN BROS. V HINDLY & CO.
f. LEAF V. INTERNATIONAL GALLERIES
g. CLARKE V. DICKSON
h. CURTIS V. CHEMICAL CLEANING AND DYEING CO.
i. ALLCARD V. SKINNER
j. FISH & MEAT CO. LTD V. ICHNUSA LTD.
37. Refer to the information above. On the basis of the above flow from financing activities? a. $145,500 net cash used for financing activities. b. $500,100 net cash used for financing activities. c. $147,000 net cash used for financing activities. d. $206,100 net cash used for financing activities. SECTION B. Consider the following information: Proceeds from sale of bonds for cash $1,000,000 Cash interest payments to bondholders 25,000 the s Conversion of bonds into preferred stock 1,000,000 Purchase of long-term investment for cash 300,000 Payment of cash dividends to stockholders 75,000 Proceeds from long-term note payable 500,000 Issuance of common stock for cash 5,000,000 Payment of interest due on long-term note payable 50,000 Issuance of common stock for land 250,000 Repurchase of common stock on open market for cash 125,000 Payment of principal amount due on long-term note payable 250,000 Acquisition of land in exchange for note payable 900,000 Receipt of cash dividend income on long-term investments 40,000 Proceeds from sale of building 525,000 Proceeds from sale of long-term investment 2,500,000 Purchases of equipment 125,000 Required: Using the appropriate information Part a. Compute the Net Cash Flow from Investing activities. Part b. Compute the Net Cash Flows from Financing activities.C. Assume that variable and marginal costs are 20% higher in New York than in San Antonio, and that the own price elasticity of demand is -3 in New York and -4 in San Antonio, If the two locations are pricing optimally, by what percentage would we expect prices in New York to exceed those in San Antonio? In your analyst report, what recommendation on pricing would you offer to management in order to enhance shareholder returns? (Hint: if X is 10% greater than Y, then X/Y = 1.1. Set the problem up as a ratio, just like this, and then use the markup equation for each city.)Demand for a new product will decline as competitors enter the market. If interest is 10%, what is an equivalent uniform value? Year Revenue 1 $24,000 2 18,000 3 12,000 4 6,000 24,000 13,000 12,000 A' A' A' A\" 6000 01234 = 01234 A. $15,714 per year B. $15,714 per halfyear C. $15,614 per year D. $15,614 per half year E. No correct answer 1. The basic difference between macroeconomics and microeconomics is: A. microeconomics explores the causes of inflation while macroeconomics focuses on the causes of unemployment. B. microeconomics concentrates on the behaviour of individual consumers and firms while macroeconomics focuses on the performance of the entire economy. C. microeconomics concentrates on individual markets while macroeconomics focuses primarily on international trade. D. microeconomics concentrates on the behaviour of individual consumers while macroeconomics focuses on the behaviour of firms. 2. Scarcity exists because of: A. unlimited wants and limited resources. B. the allocation of goods by prices C. specialization and division of labor. D. the market mechanism. 3. Production in a society is allocation efficient so long as it uses its resources to produce as much as it can. True False
