Howard needs a truck to pull a 2,000-pound trailer. Gordon tells Howard, "My truck will pull a 2,000 pound trailer with ease." Relying on Gordon's statement, Howard buys the truck, but it will not pull a 2,000-pound trailer. If Gordon did not intend to deceive and Howard sues for nonfraudulent misrepresentation, he can ask for:

a. punitive damages, but not out-of-pocket damages.
b. out-of-pocket damages, plus consequential damages.
c. out-of-pocket damages plus punitive damages.
d. nominal damages because Howard should have known the capacity of the truck.


b

Business

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Answer the following statement true (T) or false (F)

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In the post World War II era, U.S. unions have sought:

A. To gain unilateral control over managerial decisions in the workplace. B. To limit or restrict management authority over things that affect workers directly. C. To limit all managerial control, including decisions on strategy and market competition D. To limit employee input into the operations of business.

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List two different methods of accounting for bad debts (uncollectible accounts) and briefly explain how the two methods differ.

What will be an ideal response?

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Business