You Own 25% of Unique Vacations,Inc

question 33

Multiple Choice

You own 25% of Unique Vacations,Inc. You have decided to retire and want to sell your shares in this closely held,all equity firm. The other shareholders have agreed to have the firm borrow $1.5 million to purchase your 1,000 shares of stock. What is the total value of this firm today if you ignore taxes?

• A) $4.8 million
• B) $5.1 million
• C) $5.4 million
• D) $5.7 million
• E) $6.0 million

Examine evidence of ethical and moral considerations in economic behavior.

Describe common behaviors in economic games, highlighting the ultimatum game.

Comprehend strategies for addressing self-control issues, including the concept of precommitments.

Understand the concept of virtual teams and differentiate them from traditional face-to-face teams.

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Definitions:

Organization

Putting in order large amounts of data or materials.

Mind

The element of a person that enables them to be aware of the world and their experiences, to think, and to feel; the faculty of consciousness and thought.

Super-Ego

The part of the personality in Freudian psychoanalysis that represents internalized moral standards and ideals.

Operate

To function or perform effectively in a particular capacity or manner.