Liquidated damages are awarded only if actual damages are precisely determined
Indicate whether the statement is true or false
FALSE
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Ichiro is a marketing manager at a consumer products company. Ichiro's company has started selling consumer information to other sources without informing its customers that it is doing so. This is referred to as the ________ of CRM.
A. unintended consequence B. dark side C. evolution D. legal loophole E. added benefit
Noracontracts with Odellto sell land that, unknown to either party, has groundwater contaminated from adjacent land that was occupied several decades earlier by a paper pulp processing plant. When this is discovered, Noraasserts the doctrine of commercial impracticability. This doctrine applies only when, with respect to an event that renders performance impossible, at the time the contract was
formed the parties a. could not have reasonably foreseen the supervening event. b. couldhave reasonably foreseen the supervening event. c. should have foreseen the supervening event, reasonable or not. d. should not have foreseen any supervening events.
Bankruptcy legislation serves a dual purpose. What are these purposes?
Which of the following is NOT considered a transaction on a credit card statement?
A) payments made B) fees charged by the card company C) the statement closing date D) customer purchases and returns