Pre -settlement settlements (PreSS) occur in advance of the parties undertaking full-scale
negotiations and are designed to be replaced by a long-term agreement. Which of the following
is a key characteristic of PreSS?
A) PreSS address and resolve all outstanding issues.
B) PreSS address issues after all the main issues have been decided upon.
C) PreSS are formal and binding.
D) PreSS are informal and unenforceable.
C
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At current prices and a 13 percent cost of capital, a project's NPV is $100,000. By what minimum amount must the initial cost of the project decrease (revenues will be unchanged) before you would prefer to wait two years before investing?
A) $21,685 B) $26,000 C) $29,380 D) $27,690
An architectural style in which homes share a common wall is called
a. a Colonial American house. b. a Queen Anne Victorian house. c. a Spanish house. d. a town house.