Damages awarded for losses that can be determined or measured are
A) special damages.
B) general damages.
C) punitive damages.
D) comparative damages.
Answer: A
You might also like to view...
Revenue is always earned continuously over time
a. True b. False Indicate whether the statement is true or false
Which of the following is true regarding the general journal?
A) It keeps up to date records of all customers and suppliers. B) It helps divide up accounting tasks. C) It helps prevent errors. D) It helps control the spending of the organization.
Which of the following sales positions is most likely to have fixed compensation?
A) an FMCG salesperson selling to supermarkets B) a salesperson who handles the industrial customers C) an insurance agent who works part time D) a service representative in charge of handling incoming customer queries E) a telemarketer calling up existing customers to bring in additional sales
When a corporate manager makes an honest error in judgment, the business judgment rule directs that the manager will:
A. be liable for all losses resulting from the error. B. not be liable if he acted with care and in good faith. C. be liable for corporate losses. D. not be liable and a court will step in to correct the manager's mistake.