Which of the following statements is incorrect concerning liquidated damages?
a. A liquidated damages clause will be enforced if, when the contract was made, it was difficult to estimate actual damages.
b. The amount of liquidated damages must be a reasonable estimation of the actual harm resulting from a breach.
c. Nominal damages are not the same thing as liquidated damages.
d. Liquidated damages are enforceable even if the amount is considered to be a penalty on the breaching party.
d
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Evidence that stems from the original evidence is called ________ evidence.
Fill in the blank(s) with the appropriate word(s).
When backed by buying power, needs become wants
Indicate whether the statement is true or false
Imagine you are giving a presentation on the health outcomes associated with the use of indoor tanning beds. Who could provide you with expert testimony? Who could provide you with lay testimony?
What will be an ideal response?
Use the following information to calculate cash received from dividends: Dividends revenue$29,800Dividends receivable, January 1 2,600Dividends receivable, December 31 3,400
A. $29,000. B. $30,600. C. $29,800. D. $32,400. E. $26,400.