A party can claim the excuse of ________ if he or she can prove that the failure to perform on his or her part was due to an event or effect that could not be reasonably anticipated or controlled
A. dirty hands
B. Nachfrist notice
C. force majeure
D. nolo contendere
C
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Which of the following should be addressed in the closing phase of a sales presentation?
A. Explaining how to resell B. Outlining features C. Explaining usage D. Building rapport E. Asking for business
_____ bonds are high-risk, high-yield bonds that are often used to finance mergers, leveraged buyouts, and troubled companies.
A. Callable B. Junk C. Convertible D. Floating-rate E. Putable
A new asset is expected to provide service over the next four years. It will cost $500,000, generates annual cash inflows of $150,000, and requires cash operating expenses of $30,000 each year. In addition, a $10,000 overhaul will be needed in year 3.PeriodFV of 1(i = 10%) FV of a series of $1 cash flows (i = 10%) PV of $1(i = 10%) PV of a series of $1 cash flows (i = 10%)1 1.100 1.000 0.909 0.909 2 1.210 2.100 0.826 1.736 3 1.331 3.310 0.751 2.487 4 1.464 4.641 0.683 3.170 If the company requires a 10% rate of return, the net present value of this machine would be:
A. $(129,600), and the machine does not meet the company's rate-of-return requirement. B. $(127,110), and the machine meets the company's rate-of-return requirement. C. $(127,110), and the machine does not meet the company's rate-of-return requirement. D. $(151,700), and the machine meets the company's rate-of-return requirement. E. None of the answers is correct.
Which of the following would lead to termination by operation of law for an agency:
a. the principal dies b. the agent dies c. the subject matter of the agency is destroyed d. all of the other specific choices are correct e. none of the other specific choices are correct