Which of the following is not a characteristic of consequential damages?
A) They arise from circumstances outside of the contract
B) To be collectible, the breaching party must have known about them or had reason to know
about them
C) They are fixed in amount at the time the contract is formed
D) They can be recovered in addition to compensatory damages
E) They can be collected only if they are foreseeable or known to the other party
C
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In most cases, you must be a manager or executive in a company in order to influence the quality of customer service
Indicate whether the statement is true or false
All of the following are primary events that typically lead to changes in book value of shareholders' equity except:
a. Investments by shareholders, usually net cash received by the company at equity issue date. b. Profitable operating and investing activities, with net income being a large component of this increase. c. Debtholders requiring firms to enter into debt covenants. d. Distributions to shareholders, usually in the form of periodic cash dividend payments to investors and sometimes in the form of share repurchases.
Sigua Sugar, Inc. in Florida has six processing departments for refining sugar—Affination, Carbonation, Decolorization, Boiling, Recovery, and Packaging. Conversion costs are added evenly throughout each process. Data from the month of August for the Decolorization Department are as follows:
The ending Work-in-Process Inventory is 100% and 70% complete with respect to direct materials and conversion costs, respectively. Compute the equivalent units of production (EUP) for direct materials and for conversion costs for the month of August. The weighted-average method is used.
A) 10,700 EUP for direct materials and 3500 EUP for conversion costs
B) 12,200 EUP for direct materials and 10,700 EUP for conversion costs
C) 3500 EUP for direct materials and 10,700 EUP for conversion costs
D) 12,200 EUP for direct materials and 3500 EUP for conversion costs
Communicating Concisely Using A Positive Language Tom is the general manager at Glorious Solutions, a content development company. He was impressed with Stephanie's work and considered promoting her to the position of team leader. To judge her
leadership qualities, Tom decided to ask Stephanie to handle a sensitive issue at work and see how she performs. Tom wanted her to handle the case of Alan, a proofreader in the same company, who was on uninformed leave for two weeks. He asked Stephanie to send an email issuing Alan an ultimatum. Stephanie was not used to such situations and did not know how to handle it. She sought James's help. James is a team leader at Enumerations Corp, a multinational corporation, and a close friend of Stephanie. Being a team leader, James is used to handling such sensitive issues in a constructive manner. Discuss in detail the suggestions James made to Stephanie to reduce the sting from the sensitive message.