Which of the following is the rate of return on the best available alternative investment of equal risk?
A. Amortization rate
B. Risk adjusted rate
C. Required rate of return
D. Opportunity cost rate
E. Expected rate of return
Answer: D
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The group of adopters that make up the smallest percentage of product adopters is the laggard group.
Answer the following statement true (T) or false (F)
Under the Clean Air Act
a. California was granted special permission to set stricter pollution standards than the federal standards. b. all states must follow federal automobile emission standards. c. the states must each set automobile emission standards, which must then be approved by the EPA. d. states were given the option of following federal standards or adopting their own stricter standards.
A straight bill of lading is most likely to be used under which of the following circumstances?
A) when the merchandise has not been paid for in advance B) when the transaction is being financed by a bank C) when the shipment is to an affiliate D) none of the above
Jesse and Michele Knight were interested in buying a lot in a subdivision in the Manor Estates. They went to the sales office and talked with Mr. David Goates. They explained that they were interested in buying a lot and building a home with a basement apartment that they could then rent out for income purposes. Goates was unclear about whether the apartment would be permitted, but stated that he
had friends who had such apartments even when the deed restrictions prohibited them. The Knights purchased a lot and built their home with the basement apartment, which they then rented. There was a deed restriction prohibiting such use in the subdivision. Which of the following describes the Knights' position? A)?If the Knights were not aware of the deed restriction, they can rent the basement. B)?If the Knights relied on Goates and his representation, they can rent the basement. C)?The Knights are subject to the deed restriction and cannot rent the basement. D)?Either a or b