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Net present value and internal rate of return capital budgeting decisions can differ because
Indefiniteness
A legal term referring to the lack of clarity in the terms of a contract or patent that can lead to its unenforceability or invalidity.
Open Terms
Contractual conditions that are not specifically defined or agreed upon at the inception of an agreement, allowing for future negotiation and flexibility.
Common Law
A legal system based on court decisions and precedents rather than statutory laws.
Modified
Changed or altered from the original form, often to improve functionality or performance.
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