The general requirements for a liquidated damages clause to be enforceable are that:
A) The liquidated damages clause applies only to unforeseeable damages.
B) Actual damages are difficult to determine and the liquidated damages amount is
reasonable.
C) The parties have rescinded the contract.
D) The breaching party used its best efforts to avoid a breach of the contract.
E) Actual damages exceed the amount foreseen by the parties.
B
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Lifetime customer value refers to:
A) the present value of the total revenue that can be produced by a customer. B) actual value of the total revenue that can be produced by a customer. C) the total number of products purchased by a customer in his lifetime. D) actual value of the total profit that can be produced by a customer.
Answer the following statements true (T) or false (F)
1. Vocational calling encompasses life on the job, not what we do in our personal time. 2. Only those in high status occupations feel a sense of calling. 3. Extraversion is a moral virtue. 4. Leaders can use spirituality to manipulate employees. 5. Person–organization fit describes the degree of compatibility and his or her work environment.
A . Explain the meaning of "public policy" in the context that an agreement is void because it violates public policy. b. List the most common forms of agreements that violate public policy
A major advantage of mass selling is that the source can receive immediate feedback from the receiver.
Answer the following statement true (T) or false (F)