Examlex
Collision and comprehensive coverage is optional in most states unless you are financing your car in which case you must have this coverage to protect the lender.
Precludes
Prevents from happening; makes impossible.
Conflicting Investment
Investments that present opposing outcomes or decisions in a portfolio, often leading to a prioritization decision for optimal allocation.
NPV Rule
A principle stating that an investment should be made if its net present value is positive, as it's expected to add value to the firm.
IRR Rule
A decision-making tool used in finance to evaluate investments, stating that a project is acceptable if its internal rate of return exceeds a predetermined threshold.
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