Damages intended to give injured parties enough money to restore them to the economic position they were in before the injury are known as:
a. punitive damages
b. compensatory damages c. nominal damages
d. all of the other specific choices are correct
e. none of the other specific choices are correct
b
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Answer the following statements true (T) or false (F)
1. If turnover is seen as a potential issue in implementing a new service strategy, then a retention strategy to keep productive employees should also be implemented. 2. All action plans in the strategic planning process require funds. Therefore, a plan needs to be put in place to strategically use those funds. 3. Managerial performance plans and marketing plans should be considered individually and as part of the entire strategic plan. 4. The very plans that make a company competitive under one set of circumstances can make it uncompetitive if the management does not pay attention and react to changes in the marketplace.
Which of the following statements is true of the formation of general partnerships?
A. Expert legal assistance can be acquired when drawing up a partnership agreement. B. It is illegal to start a partnership on the basis of a verbal agreement. C. A general partnership consists of a limited number of members. D. A general partnership refers to business unions formed through involuntary partnership agreements.
A ________ component is movement in a time series that results from upward or downward swings in the U.S. or world economy over a period of several years
A) cyclical B) seasonal C) random D) trend
The lender of a note recognizes a note payable on the balance sheet and interest expense on its income statement.
Answer the following statement true (T) or false (F)