E-books are delivered in each of the following ways except

Which of the following best illustrates the problem imposed by capital rationing?

A) bypassing projects that have positive NPVs. B) accepting projects with the highest NPVs first. C) accepting projects with the highest IRRs first. D) bypassing projects that have positive IRRs.

For more than one hundred years, the Garza family has owned and operated a gold mine on federal land. The only access to their mining claim is across an adjoining parcel. That parcel is sold to a new owner, who fences off the parcel and padlocks the gate across the access road. The Garzas would be best advised to:

A: Do nothing, for the new owner is within his rights to prevent their use; B: Grant a quitclaim deed to the new owners; C: File a quiet title suit against the new owner to protect their rights; D: Continue to use the road, even though this might be viewed as trespass.