Which of the following must be present in order for a business to successfully rely on the

defence of voluntary assumption of risk?

A) the exact nature of the risk must be clear to the customer
B) the activity being engaged in by the customer must not be high risk
C) the customer must have paid adequate consideration for participating in the activity
D) the risk must be one which other customers have been willing to assume
E) All of the above

A

Business

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Which of the following is considered to be the last step in the marketing research process?

A) presenting findings B) analyzing information C) controlling the environment D) arriving at a decision E) drafting the report

Business

Tinker Tools, Inc. is considering a project with the following cash flows. Calculate the MIRR of the project assuming a reinvestment rate of 8%

Year Cash Flows 0 ($70,000) 1 ($55,000) 2 $40,000 3 $60,000 4 $100,000

Business