After Buying 100 Shares of Common Stock in the It's

question 177

Multiple Choice

After buying 100 shares of common stock in the It's All Good Corporation for $20 per share, Popeye later sold the same shares for $25 per share. Popeye's capital gain on the total transaction is:

• A) $5.
• B) $50.
• C) $500.
• D) $2,500.

Explain the principle of vicarious performance and its relevance in contractual obligations.

Discuss the development and scope of the doctrine of privity in contract law and its exceptions.

Understand the concepts of chose in action, negotiable instrument, and their significance in contract law.

Understand the concept of an assignment and its application in modern business practices.

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Definitions:

Need Theories

Motivation theories that specify the kinds of needs people have and the conditions under which they will be motivated to satisfy these needs in a way that contributes to performance.

Motivate People

The act of encouraging or inspiring individuals to take action or pursue goals.

Autonomous Motivation

Motivation that arises from genuine interest or personal value, rather than external pressures or rewards.

Effective Performance

The degree to which an individual, team, or organization meets or exceeds the required outcomes or objectives.