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On May 1, 2005, Eckerly Realty Inc. mailed a written offer to Masse for the sale of an officebuilding. The offer included an express term that it would expire on June 30, 2005 if theacceptance was not delivered into the hands of the offeror by the expiration date. On June 30,2005 at 8:00 a.m., Masse sent a written acceptance to Eckerly via Masse's personal messenger.However, the messenger was not able to deliver the acceptance until July 1, 2005. On July 2,2005, Eckerly contacted Masse, informing him that the acceptance had been delivered one daylate. As a result, Eckerly refused to honor the acceptance. Which of the following is the mostcorrect statement?a. There is no contract between Eckerly and Masse. However, if Masse would have mailedthe acceptance on June 30, 2005, a contract would have been created.b. There is a contract between Eckerly and Masse. The moment that Masse gave theacceptance to the messenger, a contract was formed because acceptances are validimmediately upon dispatch.c. There is a contract between Eckerly and Masse. The fact that the acceptance arrived onlyone day late is of no significance.d. There is no contract between Eckerly and Masse.
What are some of the ABCs for successful recruitment? Pick two and demonstrate why you picked them and tell why they are important for successful recruiting.
What your be the yield on this strategy if there was an immediate decrease in interest rates by 100 basis points over the entire yield curve after you purchased the 6 month security.
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What actions could the bank management team take to improve the bank's Tier 1 and Total Capital ratios?
One year from today, investors anticipate that stock will pay a dividend of 3.25 per share
hedging interest rate risk- assume a savings institution has a large amount of fixed-rate mortgages and obtains most of
What is the after-tax cost of preferred stock that pays a 12% dividend and sells at par if the firm's tax rate is 35%?
you purchased a bond for 1100. the bond has a coupon rate of 8 percent which is paid semiannually. it matures in 7
Compute a more correct estimate of portfolio risk
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