In What Ways Are the Use of Seals and the Doctrine

question 42

Multiple Choice

In what ways are the use of seals and the doctrine of promissory estoppel similar?

• A) Both are ways to create contracts.
• B) Both may render a gratuitous promise enforceable.
• C) Both may be arbitrarily revoked.
• D) Both are exceptions to the rule that offers lapse after a reasonable period of time.

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Definitions:

Dividend Yield

A financial metric indicating the annual dividends a company distributes compared to its stock price.

Earnings Per Share

A financial ratio that indicates the portion of a company's profit allocated to each outstanding share of common stock, serving as an indicator of the company's profitability.

Dividend Yield

A financial ratio that indicates how much a company pays out in dividends each year relative to its stock price.

Price-Earnings Ratio

A valuation metric that compares a company's current share price to its per-share earnings.