Activity Times Are Always Estimated from Historical Data of Similar

question 55

True/False

Activity times are always estimated from historical data of similar work tasks to provide realism for a project.

Understand the presumption and implications of with reserve and without reserve in auctions.

Recognize and distinguish between different types of contracts: under seal, implied-in-fact, implied-in-law, quasi-contracts, and voidable contracts.

Explain the conditions under which an offer can be terminated.

Define and exemplify contractual intent and its necessity for valid offer formation.

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Definitions:

Par-value

The nominal or face value of a bond, share of stock, or other financial instrument, representing the value at which it will be redeemed at maturity.

Zero-coupon Bonds

Bonds that do not pay periodic interest and are sold at a discount from their face value; the return comes from the difference between the purchase price and the face value paid at maturity.

Yield To Maturity

The total return expected on a bond if it is held until the date it matures, including all interest payments and the repayment of the principal.