Examlex

Solved

A Debit Is Not the Normal Balance for Which of the Following

question 97

Multiple Choice

A debit is not the normal balance for which of the following?


Definitions:

Remedies

Legal means for a party to enforce a right or redress a wrong.

Breach

The violation or non-fulfillment of a legal obligation, contract, or duty, which may result in legal action for remedy.

Replacement

The act of substituting a person or thing with another person or thing that serves the same purpose or function.

Restitution

The act of compensating for loss, damage, or injury; in legal contexts, it often refers to returning the victim to their original position before the harm occurred.

Related Questions