In General, the Less Tangible the Resources and Capabilities That

question 70

True/False

In general, the less tangible the resources and capabilities that are to be brought to a strategic alliance, the less costly it will be to estimate their value before an alliance is created and the more likely it is that adverse selection will occur.

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Definitions:

Mortgage Rate

The interest rate charged on a mortgage, determining the size of the monthly payments by the borrower to the lender.

Assessed Value

The dollar value assigned to a property for purposes of measuring applicable taxes or the value of a property as determined by an appraisal method by a public tax assessor.

Mill Rate

A tax rate applied to property value, with one mill representing one-tenth of a cent ($0.001).

Revenues

The total amount of money received by a company for goods sold or services provided during a certain period of time.