If juries wish to punish defendants for the torts committed, juries will award compensatory damages.
Answer the following statement true (T) or false (F)
False
Compensatory damages are used to compensate a plaintiff for his or her injuries. If a jury wants to punish a defendant, it will award punitive damages. Punitive damages are often also awarded to make an example out of a defendant.
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A 3-for-1 stock split will reduce the per share par value and will:
A. increase owners' equity. B. increase the total par value of the common stock. C. decrease earnings per share. D. decrease the number of shares proportionately.
After all of the account balances have been extended to the Balance Sheet columns of the work sheet, the totals of the debit and credit columns are $37,875 and $32,735, respectively. What is the amount of net income or net loss for the period?
a. $5,140 net income b. $37,875 net loss c. $5,140 net loss d. $32,735 net income
Many leading figures in recent corporate scandals were never convicted of a crime. Which of the following best describes their behavior:
a. Behavior that is illegal and unethical b. Behavior that is illegal, yet ethical c. Behavior that is legal, yet unethical d. Behavior that is both legal and ethical
Many bad listening habits develop simply because the speed of spoken messages is much faster than our ability to receive and process them
Indicate whether the statement is true or false