If a homeowner defaults, or fails to make the mortgage payments, the lender has the right to foreclose on the mortgaged property

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


True

Business

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A limitation of the internal rate of return method is that it:

A. Measures net income rather than cash flows. B. Lacks ability to compare dissimilar projects. C. Measures results in years. D. Does not consider the time value of money. E. Ignores varying risks over the life of a project.

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How  does GPS influence the outdoor advertising purchased by a media buyer?

A. GPS can be used to determine the best locations for the billboards. B. GPS can be used to increase traffic near billboard locations. C. GPS can be used to locate sites for unused transit ads. D. GPS can be used to identify the most effective marketing mix. E. GPS can be used to find customers with smartphones.

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Employment Relationships. Matt Theurer, an eighteen-year-old high school senior, worked part-time at a McDonald's restaurant in Oregon. Theurer volunteered to work an extra shift one day, in addition to his regular shifts (one preceding and one

following the extra shift). After working about twelve hours during a twenty-four-hour period, Theurer told the manager that he was tired and asked to be excused from his next regularly scheduled shift so that he could rest. The manager agreed. While driving home from work, Theurer fell asleep at the wheel and crashed into a van driven by Frederic Faverty. Theurer died, and Faverty was severely injured. Faverty sued McDonald's, alleging, among other things, that McDonald's had been negligent in permitting Theurer to drive a car when it should have known that he was too tired to drive safely. Do employers have a duty to prevent fatigued employees from driving home from work? Should such a duty be imposed on them? How should the court decide this issue? How would you decide the issue if you were the judge?

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The intent of the Nutrition Labeling and Education Act is to:

a. make people eat healthier food b. make people buy more packaged food c. prevent misleading product claims d. prevent consumers from making informed purchases e. help companies sell their food products

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