Which One of the Following Steps Adds the Most Value

question 32

Multiple Choice

Which one of the following steps adds the most value to an analysis?

• A) determine the purpose of the analysis
• B) develop conclusions
• C) analyze and interpret the ratios
• D) prepare common-size analysis

---

Definitions:

Unconscionable

Actions or terms in a contract that are so unjust or overwhelmingly one-sided that they shock the conscience or are deemed unfair by law.

Subject to the Equities

A legal principle that means a transaction or property is dependent on or subject to any existing equities or claims against it.

Punitive Damages

Monetary compensation awarded to a plaintiff, over and above actual damages, intended to punish the defendant for particularly harmful behavior.

Fraudulent Misrepresentation

A false statement made knowingly, without belief in its truth, or recklessly, to induce another party to enter into a contract.