Which of the following events occurs when an employer contests the issuance of a citation by the Occupational Safety and Health Administration (OSHA) before the Occupational Safety and Health Review Commission (OSHRC)?

A) A hearing is conducted before an administrative law judge.
B) A hearing is conducted before the National Institute for Occupational Safety and Health.
C) A trial is conducted before a jury of twelve members.
D) An investigation is conducted by a special committee set up by Congress.

A

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Al sells gravel to Bob on credit, and Bob sells it to Chuck, an innocent purchaser. Then Bob runs away with the money, without paying Al. Who will get the gravel if the court holds that the contract between Al and Bob was "void"?

A) Al B) Bob C) Chuck D) Al and Bob E) Bob and Chuck

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Which of the following statements is most likely correct for a project costing $50,000 and returning $14,000 per year for five years?

A) NPV = $20,000 B) IRR = 2.8 percent C) IRR is greater than 10 percent D) NPV = $3,071.01

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