The assignment of the same contract right to two different parties automatically cancels both assignments
Indicate whether the statement is true or false
F
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Howson won a lawsuit against Hardwick for intentionally inflicting emotional distress. The jury awarded Howson $500,000 in compensatory damages. It also awarded Howson $4 million in punitive damages because Hardwick was quite wealthy and the jury thought a large amount was necessary for Hardwick to feel the punishing effects of the judgment. How does the jury's award fit into the guidelines
offered by the U.S. Supreme Court? a. The punitive award is excessive because it exceeds the Supreme Court's suggested ratio of compensatory damages to punitive damages. b. The punitive award is excessive because the Supreme Court has stated that the trial court may not use the defendant's wealth as an excuse to award an unreasonably high award. c. The punitive award is excessive both because of the ratio of compensatory damages to punitive damages and because the punitive damage award was based partly on the defendant's wealth. d. The jury award is not excessive based on the Supreme Court's guidelines.
A widely applied test for causation in fact is the "but-for" test
Indicate whether the statement is true or false
The following investment cash flows have been entered into cells B5 through B9 of an EXCEL spreadsheet
B5 $(5,200 ), B6 $2,100, B7 $1,300, B8 $1,800, B9 $1,200, where $(5,200) is the cost of the investment and the following amounts are cash flows at the end of years one through four. The correct function for computing the yield on this investment is A) =irr(B6:B9)+B5. B) =irr(B5:B9). C) =rate(4,0,-5200, 1200). D) =ytm(B5, B6:B9).
The just-in-time production strategy decreases inventory costs, but most companies are not willing to take on the risk that comes with it.
Answer the following statement true (T) or false (F)