_____ Mark(s) the First Significant Federal Limitation on the Relatively

question 68

Multiple Choice

_____ mark(s) the first significant federal limitation on the relatively unrestricted right of employers to hire and fire.

• A) The Civil Rights Act of 1866
• B) Passage of labor law in the 1920s and 1930s
• C) The Civil Rights Act of 1964
• D) Executive orders from President Franklin Roosevelt
• E) Executive orders in the 1950s

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Definitions:

NPV

Net Present Value, a calculation used to assess the profitability of an investment, considering the time value of money.

Discounted Payback Period

The period it takes for the cash flows from a capital investment project to equal the initial investment cost, considering the time value of money.

After-Tax Cash Flows

After-tax cash flows are the net cash inflows and outflows of a business after taxes have been accounted for, used in analysis of investment projects.

Liquidation

The process of bringing a business to an end and distributing its assets to claimants, often when the company is insolvent.