Which of the Following Complaints Would Lead to a Successful

question 66

Multiple Choice

Which of the following complaints would lead to a successful action under the Sale of Goods Act?

• A) "I paid $1000 for government bonds, but you have sent me shares in a private company that I never heard of!"
• B) "You are not going to honour our contract for the land?! I planned to build on that lot in the spring!"
• C) "Waiter, there's a spider in my sandwich."
• D) "I left the car here with orders to adjust the front lights; I did not order a tune-up!"
• E) "I hired you to wait tables, not to stand around doing stand-up comedy routines."

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Definitions:

Price-Earnings Ratio

A valuation metric for a company, calculated by dividing its current share price by its per-share earnings.

Net Income

The total profit of a business after all expenses, including taxes and operating costs, are subtracted from total revenues.

Weighted-Average Common Shares

The weighted-average common shares are calculated to represent the number of shares outstanding over a period, adjusted for changes such as stock splits.

Income Stocks

Stocks that regularly pay high dividends, typically associated with well-established companies with stable earnings.