When one party has broken a contract there are remedies, Financial Management

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When one party has broken a contract there are remedies

1. When one party has broken a contract, there are remedies, which include:

Bringing an action for damages

Rescinding the contract

Seeking specific performance

All of the above

2. If investors are to earn a 3.7% real interest rate, what nominal interest rate must they earn if the inflation rate is

a. 0%

b. 4.7%

c. 6.7%

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Financial Management: When one party has broken a contract there are remedies

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Financial Management: When one party has broken a contract there are remedies

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