A defendant is only liable for damages that are reasonably foreseeable in a breach of contract case

Indicate whether the statement is true or false


TRUE

Business

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The modified accelerated cost recovery system (MACRS):

A. Does not allow partial year depreciation. B. Is identical to units of production depreciation. C. Is required for financial reporting. D. Is included in the U.S. federal income tax rules for depreciating assets. E. Is an outdated system that is no longer used by companies.

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There is an automatic appeal from a state trial court to the U.S. Supreme Court

Indicate whether the statement is true or false

Business

When comparing the all-in cost of a straight bond issue to the all-in cost of a hybrid, what is wrong with waiting until the end of the issue and then comparing how much was actually paid on each

of the two issues? What will be an ideal response?

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Lawyers originated in Anglo-Saxon courts, where they were used to mediate disputes.

Answer the following statement true (T) or false (F)

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