The payback period for the project is ________. (See Table 11.5)

A) 2 years
B) 3 years
C) between 3 and 4 years
D) between 4 and 5 years

C

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When corporate privilege is abused for personal benefit, courts will require owners to assume ____________________ to creditor's for the corporation's debt.

Fill in the blank(s) with the appropriate word(s).

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Which annuity settlement arrangement guarantees to pay at least a minimum amount equal to the original investment?

A) Installment refund annuity B) Joint and full survivor annuity C) Period certain annuity D) Pure life annuity

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