Illegality, Such as a Note for Gambling, Is a Universal

question 46

True/False

Illegality, such as a note for gambling, is a universal defense.

Recognize the impact of economic deregulation on competition among carriers.

Explain modal selection and its key determinants in transport logistics.

Describe challenges specific to the trucking industry.

Understand the functionalities of transportation management systems (TMS) in carrier selection.

---

Definitions:

Internal Rate

Generally refers to the internal rate of return (IRR), which is a metric used in capital budgeting to estimate the profitability of potential investments.

Cash Flows

The net amount of cash and cash-equivalents being transferred into and out of a business.

Net Present Value

A financial metric used to evaluate the profitability of an investment, representing the difference between the present value of cash inflows and outflows over a period.

Capital Budgeting

The process of evaluating and selecting long-term investments that are in line with the goal of maximizing shareholder wealth.