Colby is 17 and signs a contract to buy a car. He turns 18 and immediately defaults on his car loan. Which of the following is true? Colby is not obligated to pay the loan.
Colby is not obligated to pay the loan only if he is emancipated from his parents.
Colby is obligated to his contract and must pay the loan.
Colby is obligated to pay only if he affirmed the contract by making a payment after he turned 18.

Should the government be downsized? which functions should be cut back? which ones should be expanded?

According to the philosopher immanuel kant, the right of employees to know the nature of the job they are being hired to do and the obligation of a company not to deceive them in this respect is mainly reflective of the basic right of . privac yb. free consentc. freedom of speechd. freedom of consciencee. first refusal

Stock a has a beta of 1.2 and a standard deviation of 20%. stock b has a beta of 0.8 and a standard deviation of 25%. portfolio p has $200,000 consisting of $100,000 invested in stock a and $100,000 in stock b. which of the following statements is correct? (assume that the stocks are in equilibrium.) (a) stock b has a higher required rate of return than stock a. (b) portfolio p has a standard deviation of 22.5%. (c) portfolio p has a beta equal to 1.0. (d) more information is needed to determine the portfolio's beta. (e) stock a's returns are less highly correlated with the returns on most other stocks than are b's returns.