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Case Credit Corp. (Case) finances the sale of farm equipment to farmers. Day bought farm equipment financed by Case, yet Day never actually signed the sales contract. Instead, an employee of Case forged Day's signature on the sales contract with higher prices in an effort to pocket the difference for himself. Case was aware of the forgery but did not make any effort to stop the employee or inform Day. When Day could not pay the loans back, Case filed suit to recover the farm equipment or compel payment.
CASE QUESTIONS
1. If the court applies the clean hands' doctrine, will Case be able to recover the farm equipment because Day is unable to make the payments? Why or why not?
2. Are Case's hands clean? Why or why not?
Given that the US economy production function (to calculate current GDP and potential GDP) is : GDP = Y= F(K,L,N) = 0.04K+0.03L+0.03N. The current GDP is produced with K=200, L=100, and N=100, the full employment GDP (potential GDP) can be potential..
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As of today, the spot exchange rate is USD 1.60 / EUR and the expected inflation rates for next year are 1.97% in the US and 3.00% in the euro zone. What is the one-year forward rate for EUR under relative purchasing power parity and unbiased for..
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