<u>Answer: </u>Promissory note
<u>Explanation:</u>
Promissory note is considered to be an financial instrument that consist of the promise made by a person through a written document stating to pay a certain sum of money to another party as mentioned on the specific date or time.
Promissory note usually contains the details of indebtedness name , date, interest amount, principle amount, place of issuance and signatures of the parties involved. This instrument basically gives the information of how the party owes money to another party. this note is legally enforceable by law.
Answer:3.67,1
Explanation:
TE = (O + 4T + P) / 6
where,
TE = Pert Expected Time Duration,
O = Optimistic estimate, =2
T = Typical estimate,=3
P = Pessimistic estimate=8
TE = (O + 4T + P) / 6
=(2+4*3+8)/6
3.6666=3.67
σ = (P – O)/6
=(8-2)/6
=1
Answer:
C
Explanation:
Since it is a deal on luxury cars, it is expected that the amount of money that will be allocated to start it by Tiyona motors would be high. Also, before Tiyona motors decided it would be running this kind of investment, there had been other players in the game. As a green horn in the luxury car business, it is expected that there would be a huge competition from pre-existing companies who have been in the game before Tiyona motors.
The above explanation is the reason why option C is the correct answer