What is the first step in the process of getting a civil case to trial in civil procedure?
a. Selecting the proper jurisdiction
b. Determining that a cause of action exists
c. Selecting the proper venue
d. Preparing the complaint
b
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The allowance method estimates bad debts expense at the end of each accounting period.
Answer the following statement true (T) or false (F)
How are the general principles of the CISG interpreted when dealing with a dispute?
What will be an ideal response?
If a business firm refuses to comply with an agency's request to inspect facilities or business records, the agency must defer to the refusal.
Answer the following statement true (T) or false (F)
Randy's Pizza delivers pizzas to dormitories and apartments near a major state university. The company's annual fixed costs are $48,000. The sales price averages $9, and it costs the firm $3 to make and deliver each pizza.Required: A. How many pizzas must Randy's sell to break even?B. How many pizzas must the company sell to earn a target profit of $54,000?C. If budgeted sales total 9,900 pizzas, how much is the company's safety margin in dollars?D. Tony's assistant manager, an accounting major, has suggested that the firm should try to increase the contribution margin per pizza. Explain the meaning of "contribution margin" in layman's terms.
What will be an ideal response?