The transfer of ownership from the Sovereign to a member of the general public is called:
a. a government patent.
b. eminent domain.
c. police power.
d. taxation.
Answer: a. a government patent.
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How are ethical rules established in Kantian ethics?
A) by a set of universal rules that are based on consistency and reversibility B) by following principles that have been derived from holy books C) by an individual's feelings on what is right and wrong D) by choosing the alternative that is best for society as a whole
The pure play method
A) uses the beta of a firm that is similar to the project being analyzed to determine the required rate of return for the project. B) calculates beta using only project returns. C) selects one of the firm's existing projects that is similar to the project being analyzed and uses that project's required rate of return. D) selects a firm similar to the project being analyzed and uses its returns as the market return in estimating a project beta.