The Main Advantage of the Payback Rule Is

question 26

Multiple Choice

The main advantage of the payback rule is:

• A)adjusts for uncertainty of early cash flows.
• B)simple to use.
• C)does not discount cash flows.
• D)better accounts for salvage costs at the end of a project.

---

Definitions:

Firm Offers

In contract law, a promise to keep an offer open for a specified period during which it can't be withdrawn, typically supported by consideration or under UCC rules.

Rejections

The act of refusing to accept, submit to, believe, or make use of something.

Terminate Offers

The process of ending an offer before it is accepted, which can occur for various reasons, including by actions of the parties or lapse of time.

Omitted Terms

Terms or clauses that are not explicitly included in a contract or legal document but may be implied or necessary for completeness.