Juan has the right to walk (or drive) across his neighbor's property to reach the highway. Juan's right is referred to an easement appurtenant which allows use of the land
a. True
b. False
Indicate whether the statement is true or false
True
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A small nation places a tariff of $1000.00 on automobiles. If 40 autos are imported, the government collects $40,000 in duties. This is a calculation of the
a. redistributive effect. b. protective effect. c. revenue effect. d. consumption effect.
The step in Lewin’s change model that includes the change process in which employees learn new, desirable behaviors, skills, values, and attitudes is ______.
a. freezing b. unfreezing c. refreezing d. moving
Simpson, Inc. is considering a five-year project that has an initial outlay or cost of $80,000
The respective future cash inflows from its project for years 1, 2, 3, 4 and 5 are: $15,000, $25,000, $35,000, $45,000, and $55,000. Simpson uses the internal rate of return method to evaluate projects. What is the project's IRR? A) The IRR is less than 22.50%. B) The IRR is about 24.16%. C) The IRR is about 26.16%. D) The IRR is over 26.50%.
Mark opened a café in his neighborhood. Soon his café became very popular, and his revenues started increasing. Steve, the owner of a popular restaurant, saw Mark's success and asked him to join his restaurant. The financial incentive that Steve offered Mark was more than what he earned at his café. Moreover, Mark would not have to face the daily hassles of managing everything on his own. Mark decided to shut down his café and join the restaurant. This is an example of:
A. bankruptcy. B. foreclosure. C. discontinuance. D. formal failure.