MATCHING Each Item May Be Matched Only Once. Select the Best

question 31

Multiple Choice

MATCHING
Each item may be matched only once. Select the best match.
-highly likely to sue

• A)exculpatory evidence
• B)Civil Rights Act
• C)collective deep pocket
• D)intentional tort
• E)libel
• F)litigious
• G)malfeasance
• H)malicious prosecution
• I)ministerial acts
• J)negligence
• K)nonfeasance
• L)vicarious liability
• M)perjury
• N)strict liability
• O)slippery slope

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Definitions:

Interest Accrual

The recognition of interest earned or payable that has accumulated but not yet been recorded or paid.

Debt Investments

Investments made by purchasing bonds or other debt instruments, with the expectation of earning interest income and the return of principal.

Net Income

The amount of profit left after all operating expenses, taxes, and interest are deducted from total revenue.

Interest Receivable

An asset account on the balance sheet representing the amount of interest income that has been earned but not yet received in cash.