Sole rights prevent everyone except the licensor from competing
Indicate whether the statement is true or false
False
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The payee of a note recognizes a note payable on the balance sheet and interest expense on its income statement
a. True b. False Indicate whether the statement is true or false
A sector fund invests in only one industry
Indicate whether the statement is true or false.
Which of the following statements is CORRECT?
A. The payback method is generally regarded by academics as being the best single method for evaluating capital budgeting projects. B. The discounted payback method is generally regarded by academics as being the best single method for evaluating capital budgeting projects. C. The net present value method (NPV) is generally regarded by academics as being the best single method for evaluating capital budgeting projects. D. The modified internal rate of return method (MIRR) is generally regarded by academics as being the best single method for evaluating capital budgeting projects. E. The internal rate of return method (IRR) is generally regarded by academics as being the best single method for evaluating capital budgeting projects.
Under a contract with Bucolic Farms, Agro Excavation, Inc, begins digging an agricultural pond. In mid-project, Agro asks for $15,000 over the contract price, claiming an increase in the "cost of doing business.". Bucolic agrees but later refuses to pay. Their agreement is
a. unenforceable because Agro's performance was a preexisting duty. b. unenforceable because Bucolic's promise was illusory. c. enforceable. d. unenforceable because its performance is unforeseeably difficult.