Examlex
Match the term with its definition. Some terms may not be used.
-A proactive approach to quality management that seeks to mistake-proof a firm's operations
Lost Profits
Refers to the income that a business could have earned but was unable to due to some form of disruption or another party's actions.
Misrepresentation
A false statement of fact made by one party to another, which has the effect of inducing that party into a contract.
Law of Restitution
A legal principle aimed at preventing unjust enrichment, requiring a party to return goods or compensation to another from whom they were unjustly received.
Contract Law
A body of law regulating the formation, performance, and enforcement of contracts between parties.
Q24: According to The American Society for Quality,
Q34: A firm's employees would be considered _
Q39: A shortcoming of the accounting return on
Q41: The uncertainty associated with an investment decision<br>A)All-risk
Q51: A loss in which physical damage to
Q62: A comprehensive limit on annual expenses should
Q69: Service businesses are typically more concerned with
Q84: Duff's Buffet offers a discount for lunches
Q84: A person understating income or claiming personal
Q86: A reason to buy component parts is<br>A)