In the US,The Remedy of Specific Performance Is Limited to Those Instances

question 66

Multiple Choice

In the U.S.,the remedy of specific performance is limited to those instances where:

• A) Money damages would be sufficient, but the injured party does not want them.
• B) The goods are unique.
• C) The buyer does not want the goods for which he contracted.
• D) The seller wants to force the buyer to take the goods.

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Definitions:

Debt-to-Equity Ratio

A financial ratio used to measure the relative proportion of shareholders' equity and debt used to finance a company's assets.

Times Interest Earned

A metric indicating a firm's capability to cover its debt payments, by contrasting its earnings before interest and taxes with its interest costs.

Interest Expense

The cost incurred by an entity for borrowed funds, representing the interest payments made on any borrowed capital.

Tax Rate

is the percentage at which an individual or corporation is taxed by the government.