Grey rents an apartment to Hugh, who retains possession of the apartment after the lease expires without making any payments of rent. This is
A) a periodic tenancy
B) a tenancy at sufferance.
C) a tenancy at will.
D) a fixed-term tenancy.
B
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You invest $1,000 at age 20 at an annual rate of return of 12%. By the time you are 62 you will have amassed approximately
A) $47,040. B) $67,214. C) $116,723. D) $504,000.
In terms of global business strategy and structure, a franchise company will use a policy of
A) centralized production, accounting, marketing, human resources, with strategic management. B) dispersed production, accounting, human resources, with centralized strategic management, and marketing. C) dispersed production and marketing, with centralized accounting, human resources and strategic management. D) dispersed production, marketing, and human resources, with centralized strategic management and finance/accounting. E) decentralized production, accounting, human resources, with a decentralized management.
Determining the budget involves allocating the project cost estimate to individual work items over time
a. True b. False Indicate whether the statement is true or false
In the context of financial tools, when a new venture's net cash flow exceeds the initial investment plus the time value of the money invested, the venture is said to have achieved ________.
A. positive equity B. entrepreneurial breakeven C. positive float D. long-term sustainability