When yield curves are downward-sloping, long-term interest rates are above short-term interest rates

Indicate whether the statement is true or false


FALSE

Business

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When an extension on a deadline is needed, asking for the extension instead of demanding an accommodation for the delay _____

A) will be perceived as a sign of weakness B) will likely be seen as aggression C) is never recommended D) is more likely to generate goodwill and achieve a good business result E) may lead to confusion and dishonesty

Business

A contract will be discharged if supervening circumstances make it impossible to attain the purpose both parties had in mind when they made the contract

a. True b. False Indicate whether the statement is true or false

Business

The management of Leitheiser Corporation is considering a project that would require an initial investment of $51,000. No other cash outflows would be required. The present value of the cash inflows would be $57,630. The profitability index of the project is closest to (Ignore income taxes.):

A. 1.13 B. 0.12 C. 0.87 D. 0.13

Business

In contrast to the case that exists with a legal contract, the parties to a signed project charter are merely obligated to the spirit of the charter since specific details will certainly change

Indicate whether the statement is true or false

Business