If the Internal Rate of Return Is Less Than the Hurdle

question 50

True/False

If the internal rate of return is less than the hurdle rate, the net present value of the project will be negative.

Understand the dynamics of domestic and international agricultural policies on trade, prices, and production.

Recognize the implication of government price supports and subsidies on agricultural markets.

Understand the effects of price supports and farm subsidies on resource allocation.

Analyze the impact of agricultural policies on domestic and global markets.

---

Definitions:

Unconscionable Contracts

Agreements that are so unfairly one-sided that they are deemed immoral or unjust and are therefore unenforceable under the law.

Unconscionability

A doctrine in contract law that describes terms that are so unjustly one-sided that they are considered shockingly unfair or oppressive.

Doctrine of Privity

A principle that states a contract cannot confer rights or impose obligations arising under it on any person or agent except the parties to it.

Statutory Assignment

The transfer of rights or benefits from one party to another as permitted or dictated by statute.