On the Theory That All Land Is Unique,the Courts in the Past

question 41

Multiple Choice

On the theory that all land is unique,the courts in the past have been willing to award ____________ whenever the parties to the purchase of land breached their contract.

• A) damages
• B) quantum meruit
• C) specific performance
• D) injunctions
• E) an accounting

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Definitions:

Portfolio

An assortment of investments including stocks, bonds, commodities, cash and equivalents, along with closed-end funds and ETFs (exchange traded funds).

Market Risk Premium

The additional return an investor expects from holding a risky market portfolio instead of risk-free assets.

Expected Inflation

The rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling, as anticipated by consumers, businesses, and investors.

Required Return

The minimum rate of return on an investment that investors expect to compensate them for the level of risk.