Examlex
Any contract that is not in writing is unenforceable.
Profitability Index
A financial tool that calculates the relationship between the costs and benefits of a project by dividing the present value of future cash flows by the initial investment.
Limited Funds
A condition where resources, especially money, are finite or restricted in availability.
Net Present Value
A valuation method that calculates the value of future cash flows in today's dollars by discounting them at a particular rate.
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