Depending upon the organization, product management may include brand managers, product category managers, and market managers

Indicate whether the statement is true or false


TRUE

Business

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In a construction contract, there is a $1000 per day estimate of damages for each day that the contract runs over the completion date. The contractor is 30 days late when the job is completed, resulting in a prospective damage award of $30,000 . What is this type of clause, and when will it be enforced?

Business

Consumer Credit Union pays Derby $10,000 to design an ad campaign. The next day, Derby tells the credit union that he has accepted a job in Boston and cannot design the campaign. As compensatory damages, the credit union can recover

A. $100,000. B. $10,000. C. $1,000. D. $0.

Business

In 2018, Ethan contributes cash of $50,000 and property with a fair market value of $100,000 and basis of $20,000 in exchange for a 20% interest in the EFP Partnership. The partnership is not a passive activity. For 2018, his share of partnership items were an ordinary loss of $80,000, interest income of $2,000, dividends of $5,000, and capital gains of $4,000. How much of the current year loss is deductible by Ethan and what is Ethan's at-risk amount on December 31, 2018?

What will be an ideal response?

Business

Which one of these is a key reason why issuers call bonds?

What will be an ideal response?

Business