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XBRL Is Based on the XML Language

question 32

True/False

XBRL is based on the XML language.

Identify scenarios in which commercial impracticability can be claimed.
Recognize permissible and impermissible practices regarding tender of goods.
Calculate the measure of recovery in cases of non-delivery or nonconformity of goods.
Determine the legal consequences of acceptance or rejection of goods by the buyer.

Definitions:

Fares

The prices charged for transportation services, such as bus, train, or airplane tickets.

Routes

Paths or directions followed for the transportation of goods or services from one location to another.

Clayton Act

A U.S. antitrust law enacted in 1914, aimed at promoting fair competition and preventing monopolies by prohibiting certain types of anti-competitive practices.

Sherman Act

A landmark federal statute in the field of United States antitrust law aimed at preserving competitive markets by prohibiting monopolies and other business practices that hinder competition.

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