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True or False the following below

1) Ex ante, both parties to a contract want enforcement.

2) Perfect expectation damages give the promise the incentive to overly.

3) If evidentiary uncertainty exists, necessary precaution costs a little and liability costs a lot.

4) An injurer's precaution does not respond to modest errors made by the injurer in predicting damages awarded under a negligence rule.

5) The U.S. supreme court held in state farm mutual automobile ins. Co. v. campbell, 123 s. ct. 1513 (2003) that punitive damages that are a double digit multiple of compensatory damages will attract close scrutiny as possibly being unconstitutional.

Operation Management, Management Studies

  • Category:- Operation Management
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