A buyer whose seller breaks the contract may recover punitive damages based on three times the difference between the contract price and the current market price of the goods.

Answer the following statement true (T) or false (F)


False

Business

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Answer the following statements true (T) or false (F)

1.As international trade proceeds, a country will produce more of its import- competing product 2.A country with high wages can export to a country with low wages, given sufficiently high labor productivity in the exporting country. 3.In his empirical test of the principle of comparative advantage, G. MacDougall found that relatively high export ratios are associated with relatively high labor productivity. 4.Critics maintain that outsourcing by American businesses results in jobs moving to low-wage countries, to the disadvantage of American workers 5.In justifying its production outsourcing strategy, Apple Inc. notes that American workers lack the speed and flexibility the firm needs to produce products such as Ipods and Ipads

Business

In 2008, the average age of students at UTC was 22 with a standard deviation of 3.96. In 2009, the average age was 24 with a standard deviation of 4.08. In which year do the ages show a more dispersed distribution? Show your complete work and support your answer.

What will be an ideal response?

Business

An ad agency has landed an account for Savola, a brand of healthy cooking oil. Describe how the ad can effectively incorporate negative appeals in its messages

What will be an ideal response?

Business

Issuance of notes, either long- or short-term, would be reflected in the financing activities section of the statement of cash flows

Indicate whether the statement is true or false

Business