Abigail signed a contract to purchase a new car from Wolf's Auto Sales Company. The seller breached its agreement by not delivering the car. Abigail went to another car dealer and purchased the same model of car at the same price. Although she had
experienced a legal injury, Abigail has no actual financial or other damages as a result of the breach. If Abigail sues and wins, what type of damages will she be awarded?
Abigail will be awarded nominal damages. Nominal damages refer to a token sum, typically one dollar. Nominal damages are given to a plaintiff who can demonstrate that the defendant breached the contract but cannot prove damages. Because Abigail was able to purchase the same car for the same amount, she has no real injury. A nominal damages award recognizes the technical breach by the car dealership, but because Abigail had no injury due to the breach, she is not entitled to compensatory damages. Abigail will also be entitled to a judgment for her court costs.
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According to Herzberg's theory, the first thing managers of employees who dislike their jobs should do is to
A. provide opportunities for achievement. B. publicly recognize good performance. C. create opportunities for personal growth and advancement. D. make sure pay levels, policies, and working conditions are reasonable. E. increase employees' responsibility and opportunity for leadership.
Which of the following could be a journal voucher?
a. general ledger cash disbursements update b. customer invoice c. receiving report d. purchase requisition
People in the United States do not measure success by job titles or earnings
Indicate whether the statement is true or false.
__________ value activities are found at the bottom of the value chain and include business processes that acquire raw materials and manufacture, deliver, market, sell, and provide after-sales services.
Fill in the blank(s) with the appropriate word(s).