Reference - Cat Chaser

question 60

Multiple Choice

Reference - Cat Chaser. Annette, who is angry because her neighbor, William, allows his dog to chase her cat, decides that she wants to get even. She moves a number of farm animals into her backyard and begins playing music at all hours of the night. She also steals a nice lawn chair off of William's deck. She intends to keep the chair and not give it back. Annette further took a rake off of William's deck that she plans to return after she finishes raking her leaves. William did not give her permission to take the rake. William is unhappy about the whole situation and wants to sue. What action would William have against Annette for taking the rake?

• A) Trespass to personal property.
• B) Conversion.
• C) Private nuisance.
• D) Negligence.
• E) Harassment.

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Definitions:

Semi-Annual Compounding

The process of calculating interest on both the initial principal and the accumulated interest over two periods per year.

Par Value

The face value of a bond or stock, which is the amount paid back to the bondholder at maturity, or a nominal value of a share as stated in the corporation's charter.

Required Return

Required Return is the minimum rate of return an investor expects to receive from an investment considering its risk level.

Yield To Maturity

The total return expected on a bond if it is held until the maturity date, considering all payments from the bond including coupon and principal repayment.