To Accept a Capital Project When Using NPV

question 7

Multiple Choice

To accept a capital project when using NPV:

• A) the project NPV should be less than zero.
• B) the project NPV should be equal to zero.
• C) the project NPV should be greater than zero.
• D) a and b.

---

Definitions:

Nicastro v. McIntyre

A Supreme Court case that deals with jurisdiction issues, specifically whether a foreign manufacturer can be sued in a U.S. state court for injuries caused by its products in that state.

Federal Court System

The system of courts operated by the federal government of the United States, which deals with issues of law and justice that fall under federal jurisdiction.

Monetary Judgment

A court order requiring one party to pay a certain sum of money to another party.

Cross-Appeal

An appeal filed by a party that has prevailed at trial.