Sean Goes to Pinnacle Corp

question 68

Multiple Choice

Sean goes to Pinnacle Corp. ,convinces the store manager that he is their loyal online customer Ryan and purchases a DVD credited to Ryan's account.He then sells the DVD to Jason for a higher price.When Ryan finds out,he wants the DVD back from Jason.Which of the following is true of the case?

• A) Ryan is the good faith purchaser in this deal.
• B) Pinnacle can get the DVD from Jason.
• C) Sean has voidable title to the DVD.
• D) Jason needs to pay Sean as well as Pinnacle.

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Definitions:

NPV Outcomes

The range of potential net present values resulting from differing scenarios in capital budgeting to evaluate investment project profitability.

Probability Distribution

A mathematical function that provides the probabilities of occurrence of different possible outcomes for an experiment.

NPV

The calculation of the current value of all future cash flows generated by a project, after accounting for the initial capital expenditure.

IRR

Internal Rate of Return; a metric used in capital budgeting to estimate the profitability of potential investments.