If a liquidated damage provision is found to be unenforceable, the injured party loses any remedy for breach of contract
Indicate whether the statement is true or false
False
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There are two broad categories of channels: direct and indirect channels
Indicate whether the statement is true or false
Ethical wrong is done either by intending to deceive consumers in order to manipulate their buying behavior, treating them as a mere means to one's own ends (the Kantian approach) or by the harmful consequences for consumers, competitors and overall market efficiency (the utilitarian approach) but not by both.
Answer the following statement true (T) or false (F)
A leader of a nonprofit organization is designing a new type of water purification system to improve living conditions for poor children. Which type of entrepreneurship is the leader demonstrating?
A. private B. public C. health D. social
For buildings, common depreciation practice assumes a zero salvage value on the assumption that the costs a firm will incur in tearing down the building will approximate the sales value of the scrap materials recovered
Indicate whether the statement is true or false