A liquidated damages provision specifies that a certain amount is to be paid on a breach of contract when the nonbreaching party elects to receive cash

Indicate whether the statement is true or false


False

Business

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Profit margin ratio

a. Market price per share b. Net sales c. Gross profit d. Average total assets e. Interest expense, net of tax f. Net income g. Total liabilities h. Total assets

Business

Emmett, the owner of Fallow Fields Farm, sells Greta a right to camp on Fallow land overnight. Greta's right is

a. a fixed-term tenancy. b. a license. c. an easement. d. a profit.

Business

While unethical behavior might not keep an individual from financial success, society as a whole benefits most from ethical behavior

Indicate whether the statement is true or false

Business

The data ____________________ refers to the manner in which data in a database is organized into sequential levels of detail.

Fill in the blank(s) with the appropriate word(s).

Business