When You Do Not Have the Option to Wait,it Is

question 52

Multiple Choice

When you do not have the option to wait,it is optimal to invest in ________ project.When you have the option of deciding when to invest,it is usually optimal to invest only when ________.

• A) any negative-NPV; the NPV is substantially greater than zero
• B) any positive-NPV; the NPV is substantially smaller than one
• C) any positive-NPV; the NPV is substantially greater than zero
• D) any zero-NPV; the NPV is substantially greater than zero

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Definitions:

Corporation Act

Legislation governing the formation, operation, and dissolution of corporations, detailing their legal rights, capacities, and liabilities.

Indoor Management Rule

A legal principle that protects third parties who enter into contracts with a company, assuming the company's internal rules and procedures have been followed.

Shareholders' Resolution

A formal decision or expression of opinion passed by the shareholders of a company, often related to its management or policies.

Coffee Import Business

The business activity of bringing coffee from foreign countries into one's own country for sale and distribution.