Liquidated damages are void as penalties. Indicate whether the statement is true or ...

Author Question: Liquidated damages are void as penalties. Indicate whether the statement is true or ... (Read 103 times)

faduma

Hero Member
Posts: 528

on: Jun 24, 2018

Liquidated damages are void as penalties.
Indicate whether the statement is true or false

Question 2

Limited partners have liability limited to the amount of their contribution to the partnership.
Indicate whether the statement is true or false

miss_1456@hotmail.com

Sr. Member
Posts: 289

Reply #1 on: Jun 24, 2018

Answer to Question 1

FALSE

Answer to Question 2

TRUE

Need homework help now?

Ask unlimited questions for free

Ask a Question

« previous next »

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.