When a person inherits property as a result of someone dying without a will, it is called:
a. interstate succession
b. stateless succession
c. intestate succession
d. testate succession
Answer: c. intestate succession
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According to researcher Stacy Blake-Beard who studies mentoring across identity groups, _____
a. protégés should primarily look for mentors who share their same identity groups (e.g., race, gender, nationality, etc.) b. mentors and protégés should look below surface differences and identify "deep level" similarities such as values, attitudes, knowledge and skills c. past studies have found that attitude similarity has not been associated with higher group cohesiveness, satisfaction, performance ratings, and pay ratings. d. attitude similarity is not a "catalyst for communication."
The net present value method assumes that cash flows are reinvested at the ____, whereas the internal rate of return method assumes that cash flows are reinvested at the ____
A) discount rate; required rate of return B) cost of capital; market rate of return C) firm's cost of capital; computed internal rate of return D) marginal cost of capital; discount rate