Which of the Following Statements Is CORRECT

question 10

Multiple Choice

Which of the following statements is CORRECT?

• A) for mutually exclusive projects with normal cash flows, the npv and mirr methods can never conflict, but their results could conflict with the discounted payback and the regular irr methods.
• B) multiple irrs can exist, but not multiple mirrs. this is one reason some people favor the mirr over the regular irr.
• C) if a firm uses the discounted payback method with a required payback of 4 years, then it will accept more projects than if it used a regular payback of 4 years.
• D) the percentage difference between the mirr and the irr is equal to the project's cost of capital.
• E) the npv, irr, mirr, and discounted payback (using a payback requirement of 3 years or less) methods always lead to the same accept/reject decisions for independent projects.

Identify the specific conditions under which additional terms can affect acceptance in a UCC contract.

Analyze when a person or entity is considered a "merchant" under UCC Article 2 and the implications thereof.

Understand the UCC's approach to open contract terms, including quantity, price, and performance timeframe.

Grasp the categories of goods covered by the UCC and exceptions related to goods associated with real property.

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Definitions:

Business Judgment Rule

A legal principle protecting corporate directors and officers from liability for decisions made in good faith and in the best interest of the company.

Derivative Action

A lawsuit brought by a corporation’s shareholder on behalf of the corporation against a third party, often an insider of the corporation.

Uncertificated

Referring to securities or stocks that are not represented by a physical certificate, existing only as electronic records.

Physical

Physical pertains to anything related to the body or the material world, as opposed to mental or virtual aspects.