Assume You Have Hit a Dead End Trying to Locate

question 75

Essay

Assume you have hit a dead end trying to locate the defendant in your client's lawsuit. Your client is willing to pay only a small amount to continue the search. Go to the people locator sites listed in Google, Bing or other search engine and compare fees. What will the companies charge if the search is not successful?

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Definitions:

Portfolio Theory

A financial model that describes how to assemble a diversified portfolio to maximize returns and minimize risk based on expected returns and the variance of each asset.

Capital Budgeting

The process by which investors and managers evaluate the long-term investments and projects of a company in terms of their potential profitability and benefits.

Probability Distribution

A probability distribution is a statistical function that describes all the possible values and likelihoods that a random variable can take within a given range.

NPV

Net Present Value; a method used in capital budgeting to evaluate the profitability of an investment or project, calculating the net difference between present value of cash inflows and outflows over a period.