The systems analysis team conducts a(n) ______________________________ which provides quantitative and certain qualitative information concerning each of the system alternatives

Which of these forms of borrowing results in the lowest cost of credit?

William Jones is evaluating three possible means of borrowing $1 million for one month:
Drawing down on a line of credit at 7.2% with a ½% commitment fee on the full amount with no compensating balances.
A banker’s acceptance at 7.1%, an all-inclusive rate.
Commercial paper at 6.9% with a dealer’s commission of 1 /4% and a backup line cost of 1 /3%, both of these would be assessed on the $1 million of commercial paper issued. A. Line of credit. B. Banker’s acceptance. C. Commercial paper

Which of the following is a less than freehold estate and does not require notification to terminate?

A. Estate for years B. Estate from period-to-period C. Estate at will D. Life estate