Which One of the Following Is Enforceable

question 157

Multiple Choice

Which one of the following is enforceable?

• A) Mr. Ho promised to give his needy friend Mr. Jahn $100.
• B) Ms. Jones promised to pay an additional $100 to Mr. Wood if Wood finished the existing contract on time, according to the terms of the contract.
• C) Mr. Baker was so sick of an old chair that, when Mr. Venson offered him $10 for it, he agreed (i.e., promised to sell it to him), although the market value of the chair was $80.
• D) Ms. Goode promised to send $10 to Mr. Paul, who kindly came and warned her when he saw a tow truck approach her car.
• E) An ad in the paper promises to pay $5 for the return of a lost ring, but the person who finds and returns the ring never saw the offer in the newspaper.

Understand the basic definitions and calculations of financial metrics such as standard deviation, arithmetic average return, and variance.

Grasp the concept of market efficiency and its forms (weak, semi-strong, strong).

Comprehend how to compute risk premium and its significance in investment decisions.

Analyze the impact of market efficiency on stock prices and investment strategies.

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Definitions:

Texians

Residents of the Mexican province of Texas who supported the Texas Revolution against Mexico to achieve independent statehood in 1836.

German Immigration

The movement of German people into the United States, especially significant during the 19th century when they formed one of the largest immigrant groups, influencing American culture and society.

Irish Immigration

The movement of individuals from Ireland to other countries, notably to the United States, often in response to economic hardship, famine, or political unrest.

Labor Skills

The specific abilities and expertise that workers possess to perform various tasks in their occupations.