Question

Which of the following does not represent an option to abandon a project?

a. Your friend builds a custom-made home.
b. You enroll in five classes, planning to drop one class before the semester ends.
c. A dry cleaner purchases equipment that can be readily sold to other dry cleaners.
d. You purchase a fully refundable airplane ticket.

Answer 1

The scenario where a friend builds a custom-made home does not typically provide a convenient option to abandon the project because of the significant investment and custom features that may not appeal to others. Correct option is a)

Step-by-step explanation:

The question asks to identify which scenario does not represent an option to abandon a project. The option that does not include the opportunity for abandonment would be when 'a friend builds a custom-made home.' Once the building process has started, it's difficult and costly to abandon due to financial and contractual obligations, sunk costs, and possibly custom features that may not be desirable to other buyers. This is different from enrolling in classes and planning to drop one, where there is a clear exit option, or purchasing equipment or a plane ticket that can either be readily sold or refunded, respectively.