Under the doctrine of mitigation of damages, the duty owed depends on the nature of the contract
Indicate whether the statement is true or false
True
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In addition to demonstrating actual emotional distress, if a third party wants to recover for negligent infliction of emotional distress, the plaintiff must primarily show that:
A. the defendant did not try to stop the accident. B. the defendant was negligent and that the accident could have been avoided. C. the third party actually witnessed the injury when it occurred. D. the third party is at least distantly related to the victim.
A negotiator acts with ________ when they feel compassion and concern for the other party and take the other's feelings into account when formulating beliefs and actions.
Fill in the blank(s) with the appropriate word(s).
How is a contingent liability reported if it is considered 'reasonably possible'?
a. the liability may or may not be recorded in the footnotes to financial statements b. the contingent liability should be disclosed in the footnotes to the financial statements c. the liability should be disclosed in the footnotes as well as on the face of the financial statements. d. no mention of the liability needs to be made in the financial statements
Answer the following questions: A. What is the formula to compute working capital? B. What does it measure? C. What would be the implication for a company that has negative working capital?