An example of an equitable remedy is:
a. compensatory damages b. punitive damages
c. nominal damages d. special damages
e. none of the other choices
e
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What will be an ideal response?
On January 2, 20x5, Clair Inc signed a 9% mortgage payable for $200,000 with equal monthly payments of $2,400. When Clair makes the first payment, how much interest expense will be recorded?
A) $0 B) $1,500. C) $18,000. D) $750.
An unsecured long-term corporate loan is called a ________
A) bond B) note C) debenture D) share
A corporation convicted of criminal conduct under the Sherman Act faces a fine of up to ________
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