In general, a project's free cash flows will fall in one of the following three categories: initial outlay,

differential cash flows over the project's life, and the terminal cash flow.

Indicate whether the statement is true or false

TRUE

Business

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A shipment contract requires the seller to ship the goods to the buyer via a common carrier

Indicate whether the statement is true or false

Business

Cheques can be paid only to the party named on the face of the instrument

Indicate whether the statement is true or false

Business