Copper Conduit, Inc, and Dependable Electric Company sign an agree-ment that provides for the payment of "$1,000 by whichever party commits a material breach of the contract that creates damages difficult to esti-mate but approximately $1,000." This is
A) a liquidated damages clause
B) a mitigation-of-damages clause.
C) a waiver-of-breach clause.
D) a penalty clause.
A
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If a manager knows one of her subordinates has low self-esteem and wishes to enhance it, she should
A. provide frequent reminders about improving weaknesses. B. avoid delegating work to this subordinate. C. redesign the work so that it is routine and structured. D. avoid giving feedback. E. express confidence in the employee's abilities to complete given tasks.
To treat family and nonfamily employees as similarly as possible in a business, it is important to:
A. create career ladders for nonfamily members. B. provide favorable treatment to nonfamily members. C. have separate personnel policies for family and nonfamily members. D. guarantee the possibility of employee ownership.
What type of organization is defined as a central hub surrounded by networks of outside suppliers and specialists?
A. barrier-free organization B. matrix organization C. virtual organization D. modular organization
Fits Like A Glove Shoes, Inc, and Retail Footwear Stores enter into a contract for a sale of shoes. The contract indicates that the price includes transportation costs to a specific destination by including the term? A)?C.I.F
B)?delivery ex-ship. C)?F.A.S. D)?F.O.B.