The party who agrees to act on the behalf of another is the:
A) employer.
B) agent.
C) principal.
D) boss.
B
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The internal rate of return is the:
A. discount rate that causes a project's aftertax income to equal zero. B. discount rate that results in a zero net present value for the project. C. discount rate that results in a net present value equal to the project's initial cost. D. rate of return required by the project's investors. E. project's current market rate of return.
The press conference scheduled for the Falcon's Lair "Best of the Nest" program would most likely be successful if the ________
A) speaker made a few humorous comments B) speaker's statements lasted at least twenty minutes C) moderator refrained from controlling the questions being asked D) speaker used Power Point slides to illustrate the message E) speaker gave an impromptu statement instead of a prepared statement