Which of the following statements is not true of liquidated damages?
a. They must be reasonably related to the damages that may be suffered if the contract is not fulfilled
b. They may not be designed to serve as a penalty to deter a party from breaching a contract
c. They are a form of compensatory damages
d. They may be designed to serve as a penalty to deter a party from breaching a contract
Answer: d. They may be designed to serve as a penalty to deter a party from breaching a contract
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You interview three candidates for a job to be a truck driver for your company. The first candidate does horribly, including telling you about all of accidents they have been in. The next two candidates perform about the same, but you judge second person to interview to be by far the best. This is likely due to the ______.
A. prototypes B. first impressions C. contrast effects D. confirmatory bias
Trespass to chattels is a more serious interference with a plaintiff's right to use or possession of property than conversion
Indicate whether the statement is true or false
Which of the following are the two broad categories of real property transfers:
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When one is given another's personal property and fails to return it, the following tort is committed:
a. Trespass to land. b. Conversion. c. Trespass to personal property. d. False Imprisonment.