A liquidated damages clause will be enforced by the court if at the time the contract is
made the amount is a genuine pre-estimate of the damages that a Court would award.
Indicate whether the statement is true or false
TRUE
You might also like to view...
In handling objections during the sales call, Nevaeh (the salesperson) tries to avoid confrontation and never wants to tell the customer he or she is wrong. Instead, Nevaeh will sympathize with the customer and then provide the correct information
This approach is called the: A) compensation method B) "feel, felt, found" method C) head-on method D) indirect method
When making financial decisions, managers should always look at marginal, or incremental cash
flows. Indicate whether the statement is true or false
The small file placed on the computer of a customer who visits a website that helps to track the customer and infer the customer's interests is called a(n)
A. reminder. B. identity tag. C. cookie. D. product. E. target chip.
The review of a capital budgeting decision to determine whether a project was accepted that should have been rejected is referred to as:
A. a capital review. B. a postaudit. C. an audit. D. a preaudit.