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The NPV and IRR methods, when used to evaluate two equally risky but mutually exclusive projects, will lead to different accept/reject decisions and thus capital budgets if the cost of capital at which the projects' NPV profiles cross is less than the projects' cost of capital.
Landrum-Griffin Act
United States federal legislation that regulates labor unions, addressing their governance, financial practices, and the rights of union members.
Protected Class
Groups of people who are legally protected from discrimination on the basis of characteristics such as race, gender, age, disability, and sexual orientation.
Title VII
The section of the Civil Rights Act of 1964 that prohibits employment discrimination based on race, color, religion, sex, or national origin.
Civil Rights Act
A landmark piece of U.S. legislation passed in 1964 aimed at ending discrimination based on race, color, religion, sex, or national origin.
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