When writing a report, information that is known to most people is considered to be _____
A) paraphrasing
B) opinion
C) common knowledge
D) speculation
E) statistics
Answer: C
Explanation: C) Common knowledge includes things that most people know. You do not need to cite common knowledge.
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A broker while looking for a deal for his best friend, get a listing.the seller must sell because of a family emergency... What should the broker say to his best friend?
A. Say nothing about the seller, and ask the buyer to make an offer B. Tell the buyer that the seller must sell so quickly so that he would probably accept any reasonable offer C. Give the buyer only the suggestion that the seller is motivated D. Tell the buyer that a dual agency exists
Project H requires an initial investment of $100,000 and the produces annual cash flows of $45,000 per year for each of the next 3 years. Project T also requires an initial investment of $100,000 and produces cash flows of $30,000 in year 1,
$40,000 in year 2, and $70,000 in year 3. If the discount rate is 10% and the projects are not mutually exclusive A) Project H should be chosen. B) Project T should be chosen. C) H and T are equally attractive. D) Both projects should be accepted.