Benefit-Cost Ratio Is Defined as the Ratio Of

question 24

Multiple Choice

Benefit-cost ratio is defined as the ratio of:

• A) Net present value cash flow to initial investment
• B) Present value of cash flow to initial investment
• C) Net present value of cash flow to IRR
• D) Present value of cash flow to IRR

Comprehend the role of consideration in contract formation and the exceptions to it.

Grasp the legal consequences of counteroffers and how they affect the original offer.

Be aware of the enforceability of different types of contracts and agreements under specific conditions.

Understand the legal distinctions between unilateral and bilateral contracts.

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Definitions:

Internalization

The process by which individuals incorporate external standards or behaviors into their own belief and value system.

Reciprocal Alliances

Partnerships or agreements between parties that involve mutual benefits or exchanges.

Informal Systems

Unofficial methods and processes that develop within an organization, allowing it to function smoothly outside of formal structures.

Political Savvy

Political savvy is knowing how to negotiate, persuade, and deal with people regarding goals they will accept.