Someone has offered you the opportunity to purchase an IOU. The IOU will pay back a total of $500 in three years. How much would you be willing to pay for that IOU today if you want to earn an annual rate of return of 16%?

Direct evidence is:

a. always required at trial. b. sometimes required at trial. c. evidence that actually proves a point. d. circumstantial in nature. e. All of the above

When behavior conforms to generally accepted norms, it is referred to as ________ behavior

A) ethical B) societal C) normal D) unethical