Punitive damages are intended to punish the defendant for conduct that is extreme and outrageous
Indicate whether the statement is true or false
True
You might also like to view...
Through a series of court decisions, a hierarchy of brand protection based on brand type has been created. These brand types include all but which of the following?
a. Generic b. Fanciful c. Symbolic d. Arbitrary e. Descriptive
The individual is governed by his or her own chosen ethical principles in which of the following stages of moral development?
a. Obedience and punishment orientation b. Instrumental purpose and exchange c. Interpersonal accord, conformity, mutual expectations d. Universal ethical principles.
Which of the following occurs if both a principal and an agent cannot agree on the compensation?
A) The principal is no longer bound by the duty of compensation. B) Compensation will be calculated on the basis of what is reasonable or customary. C) Compensation will be calculated according to government wage rates. D) Compensation will be determined by the full faith and credit clause of the U. S. Constitution.
If a firm with credit terms of 2/10 net 30 were to change its terms to 2/10 net 60, the result would
probably be A) a reduction in safety stock. B) increased accounts receivable turnover. C) more customers would take advantage of the cash discount. D) fewer customers would take advantage of the cash discount.