In March of 2021 SouthWest Grain (SouthWest) sent a text mes…

In March of 2021 SouthWest Grain (SouthWest) sent a text message to farmer Bob wanting to buy flax for $10 per bushel for delivery in December of that year.  After a few phone calls with Bob, SouthWest drafted a contract for Bob to sell SouthWest 100 metric tons of flax for $10 per bushel, with delivery in November.  SouthWest signed the contract and sent a photo of the signed contract to Bob via text message stating: “Please confirm flax contract.” Bob responded via text with a “thumbs-up” emoji.  Bob never delivered the flax.  SouthWest had to buy flax from another farmer at $30 per bushel.  SouthWest sues Bob for breach of contract. Bob says we never had a contract. Bob wins because an emoji “thumbs-up” is not a valid acceptance of SouthGrain’s signed contract.  True or False?

You are given the following data:    r* = real risk-free…

You are given the following data:    r* = real risk-free rate 4% Constant inflation premium (IP) 7% Maturity risk premium (MRP) 1% Default risk premium for AAA bonds (DRP) 3% Liquidity premium for long-term Treasury bonds (T-bonds) (LP) 2%   Assume that a highly liquid market does not exist for long-term T-bonds, and the expected rate of inflation is a constant. Given these conditions, the rate on long-term Treasury bonds is _____.

What was it called when 1) California, which was ready to en…

What was it called when 1) California, which was ready to enter the Union, was admitted as a free state in accordance with its state constitution. 2) Popular sovereignty was to determine the status of slavery in New Mexico and Utah, even though Utah and part of New Mexico were north of the Missouri Compromise line. 3)The slave trade was banned in the nation’s capital. Slavery, however, was allowed to remain. 4) Under a new fugitive slave law, those who helped escaped enslaved individuals or refused to assist in their return would be fined and possibly imprisoned. 5)The border between Texas and New Mexico was established?