Nell's debt to Olsen is past due. Olsen obtains an order of garnishment to require Nell's employer Pro Transmission Service, Inc, to pay part of Nell's paycheck to Olsen. The law
a. limits the amount that can be taken from Nell's take-home pay.
b. permits Olsen to dismiss Nell because her wages are garnished.
c. practically does not allow Olsen to collect the awarded amount.
d. requires Pro to retain Nell as an employee until the debt is paid.
a
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The UCC requires consideration for agreements modifying contracts for the sale of goods
a. True b. False Indicate whether the statement is true or false
Public warehouses are business organizations whose primary activity is providing storage and related physical distribution facilities on a rental basis to government organizations.
Answer the following statement true (T) or false (F)
Which of the following is true regarding the contracts of intoxicated persons?
a. The effect of intoxication is generally the same as that given to contracts that are voidable because of adjudicated incompetency. b. Slight intoxication will destroy one's contractual capacity. c. If an intoxicated person is unable to understand the nature and consequences of his act, then the contract is voidable. d. Courts are strict with respect to the requirement of restitution upon disaffirmance.
Tesar Chemicals is considering Projects S and L, whose cash flows are shown below. These projects are mutually exclusive, equally risky, and not repeatable. The CEO believes the IRR is the best selection criterion, while the CFO advocates the NPV. If the decision is made by choosing the project with the higher IRR rather than the one with the higher NPV, how much, if any, value will be forgone, i.e., what's the chosen NPV versus the maximum possible NPV? Note that (1) "true value" is measured by NPV, and (2) under some conditions the choice of IRR vs. NPV will have no effect on the value gained or lost. WACC: 7.75% 0 1 2 3 4 CFS -$1,100 $550 $600 $100 $100 CFL -$2,700 $650 $725 $800 $1,400
A. $102.07 B. $118.25 C. $124.47 D. $95.84 E. $133.18