Sensitivity analysis allows the modeler to relax the certainty assumption

Indicate whether this statement is true or false.

Answer: TRUE

Business

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Today's Federal Reserve notes are:

a. backed by gold b. backed by silver c. fiat money d. none of the above

Business

Which of the following is true of an illegal consideration?

A) Contract requires that either both parties suffer legal detriment. B) Contract requires that the promisor receives a legal benefit. C) Contract requires that the promisee suffer a legal detriment. D) Contracts based on illegal consideration are void.

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