On a practical basis a, manager should always accept all positive NPV projects even if this means exceeding a limited budget
Indicate whether the statement is true or false.
Answer: FALSE
Explanation: On a practical basis, a manager should accept the combination of positive NPV projects that maximizes the total NPV while still operating within budget.
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Debbie taught a very popular Pilates class at Local Fitness Center. The class was always filled and had a long waiting list of people who wanted to enroll. When an opening became available, Debbie mailed an offer to May, the first person on the waiting list. The offer said that May should accept the offer by sending a check for $75 payable to Debbie. May did not respond to the offer, but her roommate June saw the offer on May's desk and sent Debbie a check for $75. Is there a contract between June and Debbie?
a. No, there is no contract because the offer was not communicated to June. b. No, there is no contract because the offer was not sufficiently definite. c. No, there is no contract because the offer did not evidence a present commitment d. Yes, there is a contract
Ms. Rodriguez received a loan application from her lender that asked her to specify her marital status and ethnic background. Legally, she can:
A: Sue the lender and the real estate broker for discrimination; B: Refuse to fill out that portion of the loan application; C: Not decline to answer those questions; D: Be denied the loan if she refuses to answer those questions.