An express ratification takes place when the principal behaves as if she has the intention of ratifying an unauthorized agreement
a. True
b. False
Indicate whether the statement is true or false
False
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While using the risk assessment model, what might the decision makers include in their assessment before taking action?
What will be an ideal response?
Which type of retailer ad is most likely to include a coupon or response card?
a. institutional advertisement b. reminder advertisement c. pioneer advertisement d. competitive advertisement
Article 2A of the UCC deals with lessors and lessees
Indicate whether the statement is true or false
Peter has a business opportunity that requires him to invest $10,000 today, and receive $12,000 in one year. He can either use $10,000 that he already has for this investment or borrow the money from his bank at an interest rate of 10%
However, the $10,000 he has right now is needed for urgent repairs to his home, repairs that will cost at least $15,000 if he delays them for a year. What is the best alternative for Peter out of the following choices? A) No, since the net present value (NPV) of the investment, should he take it, is less than the net present value (NPV) of the home repairs if he delays them for one year. B) Yes, since he can borrow the $10,000 from a bank, repair his home, invest $10,000 in the business opportunity, which, since it has a NPV > 0 will mean he will still come out ahead after repaying the loan. C) Yes, since the net present value (NPV) of the investment is greater than zero he can invest the $10,000 in the business opportunity, and then next year use this money plus the benefit from this money to make the necessary home repairs. D) Yes, since the net present value (NPV) of the investment, should he take it, is greater than the net present value (NPV) of the home repairs if he delays them for one year.