In Evaluating High-Tech Projects

question 58

Multiple Choice

In evaluating high-tech projects,

• A) only tangible benefits should be considered.
• B) only intangible benefits should be considered.
• C) both tangible and intangible benefits should be considered.
• D) neither tangible nor intangible benefits should be considered.

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Definitions:

Holder in Due Course

A legal term describing someone who has acquired a negotiable instrument (like a check) in good faith and without knowledge of any defects.

Gambling

The act of wagering money or valuables on the outcome of a game or event with an uncertain result, with the primary intent of winning additional money or goods.

Real Defense

A legal defense that is valid against all the world, including bona fide purchasers or holders in due course.

Good Faith

The honest intention to act without taking an unfair advantage over another party, often mentioned in contracts and negotiations.