Projects that compete with one another, so that the acceptance of one eliminates the others from further consideration are called ________

A) independent projects
B) mutually exclusive projects
C) replacement projects
D) capital projects

B

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Owners who don't try to stop potential buyers from believing that a real estate agent has been authorized to speak on their behalf may have created an ________________________________.

A. Ostensible Agency B. Express Agency C. Implied Agency D. Subagency

Business

What type of clause in an insurance policy states that the insurer will pay for a covered loss only

to the extent that it exceeds a certain stated amount that the insured pays toward that loss? A) Subrogation clause B) Deductible clause C) Endorsement clause D) Coinsurance clause E) Indemnity clause

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