The constant dividend growth model:
i. assumes that dividends increase at a constant rate forever.
ii. can be used to compute a stock price at variant rates any point of time.
iii. states that the market price of a stock is only affected by the amount of the dividend.
iv. considers capital gains but ignores the dividend yield.

Betty contracted with scooby’s skate store to deliver a pair of skates to jake for his birthday. scooby’s owner was going on a trip and delegated the delivery of the skates to brian. brian failed to make delivery. can jake sue brian for breach of contract, as he was not a party to the original contract? explain your answer. brian was not a party to the original contract. why would a court hold him responsible for failing to make delivery? if you do not think a court would hold him responsible, explain your answer. can jake sue scooby’s skates for breach of contract? explain your answer.