Which of the Following Choices Correctly States the Rules for Project

question 62

Multiple Choice

Which of the following choices correctly states the rules for project acceptance under the net-present-value method and the internal-rate-of-return method? $\begin{array}{ll}\text { Net Present Value }&\text { Internal Rate of Return }\\\hline\text { A. Positive total } & \text { Greater than hurdle rate } \\\text { B. Positive total } & \text { Less than hurdle rate } \\\text { C. Negative total } & \text { Greater than hurdle } \\\text { D. Negative total } & \text { Less than hurdle rate } \\\text { E. Greater than hurdle rate } & \text { Positive number }\end{array}$

• A) Choice A
• B) Choice B
• C) Choice C
• D) Choice D
• E) Choice E

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Definitions:

Horizontal Privity

A legal term referring to the relationship between parties with coordinating interests in a property, often in lease agreements.

Vertical Privity

A legal concept relating to the chain of ownership or rights that exist in contracts, specifically in property law and warranties, where obligations are passed down.

Privity Of Contract

A doctrine which states that contracts are binding only upon the parties who enter into them, and only these parties have the right to sue to enforce their terms.

Magnuson-Moss Warranty Act

A federal law in the United States that governs warranties on consumer products, aiming to protect consumers from deceptive warranty practices.