The decision rules for IRR are:
Stand-alone: IRR > k ? reject the project
IRR < k ? accept the project
Mutually exclusive: IRRA > IRRB ? choose project A over project B
IRRA < IRRB ? choose project B over project A
Indicate whether the statement is true or false
False
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Which statement is true with regard to the options available in life insurance contracts?
I. All life insurance policies provide dividend options. II. All life insurance policies provide nonforfeiture options. (a) I only (b) II only (c) both I and II (d) neither I nor II
For the doctrine of strict liability to apply:
a. a consumer must have purchased the product directly from the manufacturer b. a consumer need not have purchased the product directly from the manufacturer c. a consumer must suffer life threatening injuries d. a manufacturer must not intentionally misrepresent the product e. none of the other choices are correct