Every workplace has some expectations and rules that are simply understood rather than written down
Indicate whether the statement is true or false
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Which of the following is true regarding contract validity?
A) A unilateral contract is unenforceable. B) A voidable contract is one that has no legal effect because one of the essential elements is missing. C) A voidable contract is one in which a party may avoid his/her obligation under that contract. D) An executory contract is also unenforceable. E) A void contract is one where a party has the option to avoid his/her contractual liability.
Which of the following results from a negative cash flow that occurs at the end of a project's life in addition to the initial investment in the project??
A. ?Higher return from the investment in the project B. ?Lower project terminal value as compared to the cost of the project C. ?Negative net cash flow from the project D. ?More than one internal rate of return (IRR) of the project E. ?Shorter payback period for the project
Which of the following statements is true about foreign bonds??
A. The interest rate on foreign bonds is annually adjusted for inflation.? B. ?Foreign bonds are bonds sold in a foreign country and are denominated in the currency of the country in which the issue is sold. C. ?Foreign bonds are bonds sold by a foreign borrower but convertible to bonds issued in the foreign country. D. ?The term Eurobond specifically applies to any foreign bonds denominated in U.S. dollars. E. ?The interest rate on foreign bonds is adjusted annually for exchange rate fluctuations.
Tim is wary of large crowds and won't approach the soda machine if there are five or more people at the machine. What percentage of the time does Tim forego a soda due to the large crowd?
The soda machine outside the lecture hall sees a steady stream of customers throughout the day. While the machine takes 4 seconds to deliver a can of carbonated sugar water once the button is pressed, the student customers introduce variation into the delivery process by pondering their selection for a while. Thus, we can safely say that the service time is governed by a negative exponential probability distribution that averages 10 seconds. Over the course of a twelve hour lecture day, students arrive at the rate of 240 per hour, Poisson distributed of course. A) 30% B) 20% C) 13% D) 9%