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Question
Herrera already owns 20% of the stock of the Higgins Corp. and plans to use his own cash to purchase another 30% of Higgins. Herrera's intent is to acquire enough Higgins stock to mount a takeover. According to law, Herrera is required to file a statement with the SEC. What information must Herrera include in the statement?
Answer
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Related questions
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B. Writ of replevin
C. Specific performance
D. Cover the sale
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Gerald orders 1,000 cupcakes from Haddock Bakers for a Christmas Eve party. However, Haddock fails to deliver the cupcakes as per the schedule mentioned in the contract, and does not send any notification to Gerald. Gerald orders the cupcakes from Marlene's Cakes that evening. This is an example of which of the following?
A. Writ of replevin
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Turban, an immigrant who speaks little English, enters into a contract to pay $300 per month for ten years to purchase an auto from Travel Motor Co. The appraised retail value of the car is $5000. What legal remedy would release Turban from his contract?
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D. It applies to auctions sales, sales of stocks, securities, negotiable instruments or money.
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B. A written conformation is received and signed by one party, and sent to the other for approval.
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_____ are those that are in accordance with the obligations under the contract.
A. Future goods
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Q:
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In a shipment contract, risk of loss does not pass from the seller to the buyer until the buyer receives the goods.
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In an auction with reserve, the auctioneer must accept the highest bid.
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A sale of goods contract offer is silent concerning the method of acceptance. It may be accepted in any reasonable manner.
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D. speculative damages.
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B. substantial performance.
C. abandonment of contractual obligations.
D. a repudiation of contract.