Your Neighbor Agrees to Sell You His Car for $3,000

question 76

Multiple Choice

Your neighbor agrees to sell you his car for $3,000. You and your neighbor have provided each other

• A) duress.
• B) consideration.
• C) an endorsement.
• D) an expressed warranty.

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Definitions:

Return on Equity

A measure of financial performance that calculates the return on shareholders' equity investments.

Equity Multiplier

A financial ratio indicating how much of a company's assets are financed by its shareholders' equity.

Debt-to-equity Ratio

This metric measures the relative contribution of shareholder equity and debt in the funding of a company's assets.

Dividend Yield Ratio

This ratio indicates the annual dividend payments of a company as a percentage of its current share price.