1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Julli [10]
3 years ago
5

Max and Lew have entered into a contract for Lew to paint Max’s house. The contract specifically states that the job was to be c

ompleted by August 25. Lew completes the job on August 26. Max has suffered no loss due to the delay. The job was otherwise done exactly to all contract requirements and specifications. If Max sues Lew for breach of contract due to the missed completion date and if the courts were to award damages, what type of damages would most likely be awarded? Multiple Choice punitive damages consequential damages restitution nominal damages
Business
1 answer:
mars1129 [50]3 years ago
3 0

Answer:

The correct answer is letter "D": nominal damages.

Explanation:

Nominal damages are granted as monetary rewards when a legal fault takes place but there has not been substantial damage because of it. It is said that the fact of granting the fault represents more of a moral act. Usually, if awarded, the plaintiff may receive $1 or $2.

In the case, as Max suffered no loss because of Lew's delay while painting his house, if he decides to sue him he will be awarded nominal damage for the contract breach.

You might be interested in
An economic expansion tends to cause the federal budget deficit to ________ because tax revenues ________ and government spendin
Gwar [14]

An economic expansion tends to cause the federal budget deficit to decrease because tax revenues rise and government spending on transfer payments falls.

What is economic expansion?

Economic expansion occurs when real GDP raises from a trough to a peak within two or more subsequent quarters. The expansion occurs during times of economic stimulation when there is a rise in employment, followed by consumer confidence and discretionary spending. The stage is additionally referred to as economic recovery. When expansion reaches its pinnacle, a peak happens. With a large sum of demand for goods, inflation occurs when costs begin to increase. Gradually, consumers begin to buy less. After reaching the peak, economic growth starts to decrease. While the phrases inflation and deflation refer to rising and falling prices of commodities, goods, and services relative to the value of money, economic contraction and expansion refer to the overall output of all goods and services.

To learn more about economic expansion, visit;

brainly.com/question/831569

#SPJ4

6 0
2 years ago
Which statement regarding communication is true?
Allisa [31]
Communcation can be practiced by using the 7 C's
6 0
3 years ago
The Sensor Dynamics Corporation did a scientific study on the impact of absenteeism on increased costs. It determined that there
valentina_108 [34]

Answer:

d. Absenteeism significantly increases costs.

Explanation:

Correlation shows how a change in the value of one variable cause a change in the value of another variable either in the same direction or opposite direction. correlation coefficient is the numerical value of the degree of correlation. the Correlation coefficients  can either be -1, 1,or 0

1.0 means a perfect positive correlation and when r = -1.0 indicates a perfect negative correlation. where correlation, is zero (0), it means there is no relationship between the variables being tested.

Since correlation in this question is 0.7 which is tending towards +1, it means there is a strong or significant correlation between absenteeism and increased costs

7 0
3 years ago
Donna manages the service desk and makes routine decisions related to customer refunds and merchandise returns. Donna also overs
Oksana_A [137]

Answer: B- First-Line

Explanation: A first-line Manager is directly above non-managerial workers . They have a key role to play in the organisation ensuring effective and efficient operation, and setting the standard for how things are done.

First line managers are an important source of information about worker satisfaction for management to take into account in their organizational planning process as they daily interact with the non managerial workers.

5 0
4 years ago
Suppose that a house is worth $350,000 today. If house prices are expected to decline by 15% for each of the next two years. How
zhenek [66]

Answer: $‭252,875‬

Explanation:

This concerns a value in future (2 years) so the future value formula can be used;

= 350,000 * ( 1 - 15%) ²

= $‭252,875‬

House will be worth $‭252,875‬ at the end of 2 years if it declines in value at 15% per year.

5 0
3 years ago
Other questions:
  • Strategy implementation can be the most difficult part of the strategic management process. Which of the following is not likely
    14·1 answer
  • In January, 2021, Summit Department Store sells a gift card for $50 and receives cash. In February, 2021, the customer comes bac
    11·1 answer
  • Hirdt Co. uses the percentage-of-receivables basis to record bad debt expense and concludes that 3% of accounts receivable will
    11·1 answer
  • Shanta belongs to a?
    12·1 answer
  • When making a decision that will leave you better off, you try to _____ . reduce costs maximize satisfaction choose every option
    6·2 answers
  • Which of the following describes a situation where the goal of growth is being pursued?
    12·2 answers
  • To maintain a good​ relationship, one party in a conflict may sacrifice their position for the good of the organization. This co
    11·1 answer
  • Why would you put money in a savings account
    13·1 answer
  • All else equal, the price elasticity of demand for a good tends to be lower: A. if the good represents a large share of a consum
    10·1 answer
  • what is the present value of a deferred perpetuity that pays $141 annually with the first payment occurring at year 5? assume th
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!