Examlex
If a project has a zero NPV when the expected cash flows are discounted at the weighted-average cost of capital,then the project's cash flows are just sufficient to give debtholders and shareholders the return they require.
Fraud in the Inducement
A deceptive practice intended to mislead someone into entering a contract or agreement by providing false statements or misleading information.
Warranty Liability
The legal obligation of a seller to provide compensation for faults in goods or property that were sold under warranty.
Primarily Liable
The direct obligation of an entity or individual to pay a debt or fulfill a contractual commitment without depending on another's performance of duty.
Secondarily Liable
A condition wherein an individual or entity is obligated to fulfill a duty or payment if the primarily liable party fails to do so.
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