Secondary Sources of Law Include Which of the Following

question 12

Multiple Choice

Secondary sources of law include which of the following?

• A) Legal encyclopedias
• B) Digests
• C) American Law Reports series (A.L.R.s)
• D) Legal encyclopedias and A.L.R.s
• E) All of these choices are correct.

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Definitions:

Net Present Value

A calculation that compares the value of all cash inflows and outflows of a project or investment using a specified discount rate.

Cash Inflows

Funds entering a business or project, typically received through sales, investments, or financing.

Cash Outflows

Money spent or costs incurred by a business or individual, resulting in a decrease in cash assets.

Internal Rate

Internal rate usually refers to the internal rate of return (IRR), a financial metric used to assess the profitability of investments by calculating the interest rate that makes the net present value (NPV) of all cash flows from a particular project or investment equal to zero.