A contract clause which specifies the amount of damages to be paid in the event of a breach is called:
a. a covenant of damages clause.
b. a reliance interest of damages clause.
c. a liquidated damages clause.
d. an incidental damages clause.
c
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Referring to Figure 2.1, the relative cost of steel in terms of aluminum is
a. 4.0 tons.
b. 2.0 tons.
c. 0.5 tons.
d. 0.25 tons.
Grouping jobs into manageable units according to some reasonable scheme is known as
A. job description. B. departmentalization. C. centralized organization. D. bureaucratic structuring. E. informal organizing.
A company used the net-present-value method to analyze an investment and found the investment to be very attractive. If the firm used straight-line depreciation and changes to the Modified Accelerated Cost Recovery System (MACRS), the investment's net present value will:
A. decrease. B. remain the same. C. fluctuate in an erratic manner. D. change, but the direction cannot be determined based on the data presented. E. increase.
In the Alexander v. Gardner-Denver Company case, the Supreme Court established a critical distinction between:? A) ?unemployment compensation and disability compensation
B) ?social security benefits and workers' compensation. C) ?individual and collective employee rights. D) ?collective and separate employee rights.