In the Arrowhead School District No. 75, Park County, Montana, v. James A. Klyap, Jr. case, the court found the liquidated damages clause was void as a penalty because it was unreasonable and unduly oppressive

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


False

Business

You might also like to view...

A company had beginning inventory of 10 units at a cost of $20 each on March 1. On March 2, it purchased 10 units at $22 each. On March 6 it purchased 6 units at $25 each. On March 8, it sold 22 units for $54 each. Using the FIFO perpetual inventory method, what was the cost of the 22 units sold?

A. $450 B. $520 C. $490 D. $570 E. $470

Business

How do the group task and the structure of the group influence the extent to which cultural composition has an effect in work groups?

What will be an ideal response?

Business

Which of the following is not true about on-demand service firms?

A. The growth of on-demand service firms is supported using online reputation systems based on peer review. B. It is not likely that on-demand service firms will totally escape government regulation. C. On-demand service firms facilitate access to resources. D. On-demand service firms are a totally new phenomenon without precedent in the history of e-commerce.

Business

Giving a postdated check does not constitute a present fraud

Indicate whether the statement is true or false

Business