Find the rescission of the sale

Assignment Help Finance Basics
Reference no: EM133060056

D owes C P100,000. Since D failed to pay, C expressed its willingness to accept the car of D, with the same value, more or less, in payment of his debt. D, in bad faith, sold the car to X. Has C the right to ask for the rescission of the sale? Explain.

Reference no: EM133060056

Questions Cloud

Metrics for tracking cii progress : A list of no more than 4 key milestones that investors will wish to track over the 5 year period to determine the extent to which CII is on track with its plans
Calculating option payoffs : Calculating Option Payoffs (LO2, CFA2). In problem 1, suppose that Hendreeks stock is selling for $105.70 per share on the expiration date.
Compare the ERCs of two firms : Compare the ERCs of two firms that are otherwise identical, but use different accounting bases for external reporting, namely, historical cost accounting
Sources of value for football clubs in europe : What are the sources of value for football clubs in Europe, North America and China?
Find the rescission of the sale : D owes C P100,000. Since D failed to pay, C expressed its willingness to accept the car of D, with the same value, more or less, in payment of his debt. D, in b
How much is the effect of asset ceiling as of yearend : Interest Income on Plan Assets - 430,500 Re-measurement Gain on Plan Assets - 81,500 Actuarial Gain - 31,000. How much is effect of asset ceiling as of yearend
Internal rate of return : Investment X has an IRR of 15 percent. Both projects have a cost of capital of 13 percent. Which of the following statements is most correct?
Determine the value of the lump-sum payment : If you had to amortize a payment stream of $1000 per year for the next 30 years into a single, lump-sum payment, determine the value of the lump-sum payment
What is the internal rate of return : What is the internal rate of return (IRR) for the project? My professor marked 42.39% as the right answer, but I'm not sure how she got it

Reviews

Write a Review

Finance Basics Questions & Answers

  Businesses seeking working capital-survey

Read the journal article, "Businesses Seeking Working Capital-Survey." Based on the information presented in the article, discuss the following:

  Specific mix of long-term debt and capital assets

What type of decision is a manager concerned with when looking at a specific mix of long-term debt and capital assets?

  Evaluate proposal from viewpoint of haig-simons criterion

Under current law, if your capital losses exceed your capital gains, you can deduct as much as $3,000 of losses against other forms of income.

  Required return and the stock price

What if you want a return of 8 percent? What can be inferred about the relationship between the required return and the stock price?

  What is the current price of anton inc

Anton Inc. just paid a dividend of $1 per share on its stock. The dividends are expected to grow at a constant rate of 5% per year

  Which would increase the calculated value of the investment

FIN 534- You plan to analyze the value of a potential investment by calculating the sum of the present values of its expected cash flows. Which of the following would increase the calculated value of the investment?

  What is the bond annual coupon rate

It is now January 1, 2017. What is the value of a 25 year, monthly coupon, $1,000 par value bond that was originally issued on July 1, 2010 with 11.60%

  What is the total amount of new money raised

In 2010, Pandora, Inc., makes a rights issue at a subscription price of $8 a share. One new share can be purchased for every four shares held.

  Risk averse investors and more aggressive investors

Risk averse investors and more aggressive investors

  Consciously coordinated social unit

Which of the following is best defined as a consciously coordinated social unit, composed of two or more people, which functions on a relatively continuous basis to achieve a common goal or set of goals?

  Assume that a corporation has 100000 of taxable income

assume that a corporation has 100000 of taxable income from operations plus 5000 of interest income and 10000 of

  What is the npv of investment

1. You have an opportunity to invest $100,000 now in return for $80,000 in one year and $30,000 in two years. If your cost of capital is 9%, what is the NPV of

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd