Evan Cram Is Considering an Investment in a Solar-Powered Irrigation

question 14

Multiple Choice

Evan Cram is considering an investment in a solar-powered irrigation system manufacturer.The initial investment is $200,000.He expects to receive cash income of $100,000 a year.What is the payback period?

• A)1 year
• B)1.5 years
• C)2 years
• D)2.5 years

Differentiate between different motivation theories including Maslow's Hierarchy of Needs, ERG Theory, and McClelland's Theory of Learned Needs.

Recognize the effect of comparison others on feelings of equity or inequity among employees.

Grasp the importance of human emotions and drives in influencing employee behavior and motivation.

Appreciate the complexities involved in maintaining feelings of equity among employees.

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Definitions:

Auto-parts Manager

A professional responsible for overseeing the operations and inventory of an auto-parts store or department.

Promissory Estoppel

A legal principle that prevents a party from withdrawing a promise considered binding, not because of a formal contract, but because it was relied upon by another to their detriment.

Quasi-contract

A legal concept where a court imposes an obligation on a party to prevent unjust enrichment or unfair benefit at the expense of another, even if no actual contract exists.

Uniform Commercial Code

A comprehensive set of laws governing all commercial transactions in the United States, intended to harmonize the law of sales and other commercial transactions across American states.