If a Project Has Optionality

question 8

Multiple Choice

If a project has optionality:

• A) the shorter the available life of the project the less valuable the project is.
• B) the longer the available life of the project the less valuable the project is.
• C) the shorter the available life of the project the more valuable the project is.
• D) available project life does not change optionality.

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Definitions:

Anticipatory Breach

An action in contractual agreements where one party indicates they will not fulfill their contractual obligations before the due time.

Abandonment

The act of giving up a legal right or interest with the intention of never claiming it again, often seen in property or relationship contexts.

Contractual Obligations

Duties that parties are legally bound to perform as specified in a contract, the failure of which could lead to legal consequences.

Fraudulent Misrepresentation

A false statement of fact made by one party to another, which has the effect of inducing that party into a contract.