Cory Believes That He and Dian Agreed That He Would

question 59

Multiple Choice

Cory believes that he and Dian agreed that he would act as her personal sports trainer for seven workout sessions.In a later dispute,the existence of any contract can be judged by

• A)the parties' statements at the time of their alleged contract.
• B)what the defendant claims was the parties' intent.
• C)what the plaintiff claims was the parties' intent.
• D)what the parties agree they intended.

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Definitions:

Yield-To-Maturity

The total return anticipated on a bond if it is held until the maturity date.

Bond Principle

The face value of a bond, which is the amount to be repaid by the issuer to the bondholder at maturity.

Bankruptcy

A legal process wherein individuals or entities declare their inability to pay back their debts.

Sinking Fund

A fund established by a borrower, setting aside revenue over time to repay a debt or replace a depreciating asset in the future.