Under what circumstances can an injured party seek compensation in the form of (a) compensatory damages and (b) consequential damages?


(a) To recover compensatory damages the injured party must (1) prove damages showing his/he actual (direct) loss with reasonable certainty and (2) once damages are determined, to minimize the amount of these damages.
(b) To recover consequential damages, the foreseeability test is applied; that is the injured party should be able to prove that, in addition to actual damages, certain other damages that occurred, resulted indirectly from the breach of contract and that he/she knew these damages were foreseeable.

Business

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By treating other human beings like nonentities, consistent ______ may eventually rob others of their sense of self.

Fill in the blank(s) with the appropriate word(s).

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Spoken communication with large numbers of customers at the same time is mass selling.

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

Business

Which statement about the management plan is INcorrect?

a. Potential investors are generally more interested in the financial plan than the management plan. b. Some needs for management talent can be met through a board of directors or an advisory board. c. The plan should identify necessary managerial skills and how managerial activi-ties will be organized into positions. d. When you create a business plan, the complete management team may be un-known. e. It should open with a restatement of key management roles and requirements.

Business

Which of the following is a benefit for individuals at Level IV of the workplace?

a. Increased economic activities b. Increased respect for other nations and cultures c. Improved health and safety d. Increased reputation image

Business