If one party breaches a contract, the party suffering from the breach has no duty to mitigate (reduce) the extent of the damages suffered from the breach

a. True
b. False
Indicate whether the statement is true or false


False

Business

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Which statement is TRUE regarding case studies?

A. Training with case studies does not require any interaction among trainees. B. Trainees play a passive role while being trained with case studies. C. Cases encourage trainees by giving them practice in weighing and acting on uncertain outcomes after evaluating a case. D. Case studies stimulate learning by actively involving participants and the competitive nature of business. E. Case studies do not encourage trainees to take risks.

Business

Which of these statements is false?

a. Many companies will not clearly fit into any one industry. b. A financial service uses its best judgment as to which industry the firm best fits. c. The analysis of an entity's financial statements can be more meaningful if the results are compared with industry averages and with results of competitors. d. When using industry averages, it is often necessary to use an industry that the firm best fits. e. A company comparison should not be made with industry averages if the company does not clearly fit into any one industry.

Business

Many retail golf stores have driving ranges, some with backdrops showing famous golf courses. These driving ranges allow

A. retailers to improve the shopping experience through an improved product line assortment. B. customers to increase their share of wallet spending. C. wholesalers to evaluate promotional discounts. D. retailers to avoid competition from knock-off products. E. customers to try before they buy.

Business

Managers who supervise individuals with an internal locus of control should:

A. control their work environments. B. provide them with a more structured work setting. C. give them considerable voice in how work is performed. D. supervise their actions closely.

Business