Which of the following statements is true of nominal damages?
A) They are also known as compensatory damages.
B) Only damages above $1,000 can qualify as nominal damages.
C) Most courts favor nominal damages lawsuits.
D) They are awarded even when a breach did not result in financial loss.
D
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Rizzo Restaurants disclosed the following PP&E information in its financial statement notes for the most recent two-year period: 12/31/Year 1 12/31/Year 2 Land $100 $100 Buildings $1,000. $850 Equipment. $400 $350 Constr. In Pro. $50. $50 Total PP&E. $1,500. $1,350 Acc Dep. (200) (150) PP&E, net $1350. $1200 Dep Exp. 50
The estimated average useful life is: a. 26.0 years. b. 25.5 years. c. 22.5 years. d. 29.0 years.
The differences between lean producers and U.S. mass producers is in the way they deal with all of the following groups except:
A) dealers. B) distributors. C) customers. D) suppliers. E) managers.