All of the following statements are false EXCEPT:
a. Judgments are specific liens
b. Specific liens affect all property of the debtor.
c. All liens are encumbrances
d. All encumbrances are liens
Ans: c. All liens are encumbrances
Business
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A posterior probability is the likelihood that an event has occurred after the decision maker has reached a decision
Indicate whether this statement is true or false.
Business
Which of the following costs must be considered in evaluating a capital budgeting decision?
A) working capital commitment costs B) tax factor costs C) start-up costs D) all of the above
Business