Parties to a contract agree upon liquidated damages after the contract has been breached

Which of following is a reason for a high-dividend-payout policy?

A) Dividends are generally taxed at a lower rate than capital gains. B) All investors prefer high dividend payments over low dividend payments. C) Cash payments today are preferred over uncertain payments in the future. D) More cash is left in the company for investing in company projects.

Adam has to tell the members of his department that the office timings have changed from flexible timings to a strict nine-to-five day. He calls a meeting to explain the change

Participants begin arguing and asking multiple questions about the new timing policy. The next day, Adam realizes that most people still do not have a clear idea about the change, as a result of the confusion at the meeting. Which of the following explains why the message was not understood? A) The sender did not decode the message appropriately. B) The recipients did not encode the message correctly. C) The noise in the process interfered with the transmission of the message. D) The channel was not appropriate for the delivery of this message.