Promises made out of affection generally lack consideration.

Firebrand Technologies has been researching and developing a revolutionary product in its company labs for the past five years. The company has just finished developing a cigarette that is smokeless and contains no nicotine. Firebrand is looking forward to a very profitable product launch. What stage of the product life cycle is the company in?

a. development b. growth c. maturity d. introduction

Liquidated damages can be claimed in addition to actual damages

Indicate whether the statement is true or false