In the 1990s Hershey Corp lost millions of dollars when their supply chain distribution systems were disrupted by their ERP implementation during their holiday sales period

Which of the following statements is true about the Common Sense Legal Reform Act?

A) It sought to limit punitive damages in all tort cases. B) It allowed punitive damages only when the plaintiff could convincingly prove that the harm suffered was caused by actual malice. C) It limited punitive damages to $1 million or five times the economic harm incurred by the plaintiff, whichever was greater. D) It imposed limits on medical malpractice litigation in state and federal courts by capping awards and attorney fees.

Fixed costs for a product are $50,000. The product itself sells for $5.00 and it costs $3.00 to make each product. What is the break-even point for the product?

A) 100,000 B) 10,000 C) 50,000 D) 25,000