In Chiefdoms, the Rule of Primogeniture in the Succession of Political

question 59

Multiple Choice

In chiefdoms, the rule of primogeniture in the succession of political authority does which of the following?

• A) provides for continuity for the political system and avoids a power struggle when the chief dies
• B) enhances the prestige of the king
• C) encourages power struggles within the central chiefly hierarchy
• D) promotes a cycle of regional conflicts and warfare

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Definitions:

Discount Rate

In discounted cash flow analysis, it's the rate of interest used for calculating the present day value of future financial inflows.

Cash Flows

The sum of all money transactions both incoming and outgoing in an establishment, affecting its ability to maintain liquid resources.

Discounted Payback Period

The time required to recoup the cost of an investment taking the time value of money into account, effectively the period it takes for an investment's cash flows to cover its initial cost.

Cash Inflows

Money coming into a business from various sources, including sales, investment income, and financing activities.