Reliance damages include expenses for:
a. punishment of the breaching party.
b. lost profits.
c. preparing to perform.
d. injury to the person.
c
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Once the useful life of a depreciable asset has been estimated and the amount to be depreciated each year hasbeen determined, the amounts can notbe changed
a. True b. False Indicate whether the statement is true or false
The rule of addition applies when someone creates a replication of an item already patented but adds some sort of extra feature or improvement. That new extra-feature item will not be considered a patent infringement.
Answer the following statement true (T) or false (F)
When a company pays an interest-bearing note payable on the due date, the journal entry on the books of the company making the payment includes
a. debiting Notes Payable and Interest Expense and crediting Cash. b. debiting Cash and crediting Notes Payable and Interest Expense. c. debiting Notes Payable and Cash and crediting Interest Revenue. d. debiting Cash and Interest Expense and crediting Notes Payable.
When a company provides financial support for an event such as a concert or tournament, it is using the public relations activity of ________
A) lobbying B) sponsorship C) ambient advertising D) guerilla marketing E) flash mobbing