Carswell, a contractor, enters into a contract with Helen, a homeowner, to remodel her bathroom. The contract provides a specific completion date. The contract provides that if Carswell does not have the job finished by the date, Helen may deduct $200 per day from the contract price until the job is finished. This is an example of liquidated damages
a. True
b. False
Indicate whether the statement is true or false
True
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To optimize permission marketing, firms must feature empowerment and reciprocity
Indicate whether the statement is true or false
Nadia stood outside the mall and asked people which stores they visited and if they bought anything. If they said yes, she asked them what they bought and how they came to the decision to buy that item. What form of research was Nadia most likely conducting?
A. in-depth interviews B. focus group C. biometrics D. questionnaire E. experiment
Differentiate between periodic reports and functional reports
What is the legal significance of a material misrepresentation in an insurance application?
A) The contract is automatically voided from its inception. B) The contract is voidable at the insurer's option. C) Loss payments are reduced by the degree of the misrepresentation. D) The insurer is immediately entitled to a higher premium.