subject
Business, 13.08.2021 19:40 valeriegarcia12

Clay, a minor, signs a contract to buy a car from Delta Motors by misrepresenting his age as twenty-one. Clay fails to make the payments. Delta sues. In most states, Clay can 1. return the car and avoid further liability. 2. not return the car but can avoid further liability. 3. return the car but cannot avoid further liability. 4. not return the car nor avoid further liability.

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 21:00
Which of the following is not a personality trait? sincerity word processing punctuality laziness
Answers: 1
question
Business, 22.06.2019 01:00
Granby foods' (gf) balance sheet shows a total of $25 million long-term debt with a coupon rate of 8.50%. the yield to maturity on this debt is 8.00%, and the debt has a total current market value of $27 million. the company has 10 million shares of stock, and the stock has a book value per share of $5.00. the current stock price is $20.00 per share, and stockholders' required rate of return, r s, is 12.25%. the company recently decided that its target capital structure should have 35% debt, with the balance being common equity. the tax rate is 40%. calculate waccs based on book, market, and target capital structures. what is the sum of these three waccs?
Answers: 3
question
Business, 22.06.2019 01:30
The strength of the economy depends on the balance pf production and consumption of goods and consumption of goods and services
Answers: 1
question
Business, 22.06.2019 01:30
Ben collins plans to buy a house for $166,000. if the real estate in his area is expected to increase in value by 2 percent each year, what will its approximate value be five years from now?
Answers: 1
You know the right answer?
Clay, a minor, signs a contract to buy a car from Delta Motors by misrepresenting his age as twenty-...
Questions
Questions on the website: 13722361