Which of the following statements refers to punitive damages?
A) They are damages in excess of compensatory damages that the court awards for the sole purpose of deterring the defendant and others from doing the same act again.
B) They are damages awarded to the party that is injured by a breach of contract but cannot establish actual damages.
C) They are damages for nonperformance that are stipulated in a clause in the contract.
D) They are damages designed to place the non-breaching party in the position that party would have enjoyed had the terms of the contract been performed.
A
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The financial ratio measured as net income divided by total equity is known as the firm's:
A. profit margin. B. return on assets. C. return on equity. D. asset turnover. E. earnings before interest and taxes.
With the help of which of the following, a marketing manager can assess competitors' core strategies?
A) talking to the competitors' employees B) studying the competitors' marketing communications C) talking to the customers D) studying the government data sources