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Assume that you work for the firm that is representing Richard Hart and that for purposes of this problem, Mr. Hart is elderly and not well educated. He comes to your firm six months after a default judgment has been entered against him. Your attorney assigns you the task of determining if limited capacity brought on by an aging and lack of education is sufficient good cause to have a default judgement set aside. Research the issue and prepare a brief outline on what facts are sufficient good cause to set aside a default judgment.
Gross Sales
The total sales revenue from goods or services before any deductions for returns or discounts.
Direct Expense
Expenses that can be directly attributed to the production of specific goods or services, such as materials and labor.
Sales Salaries
Compensation paid to employees directly involved in the sales function of a business, typically comprising both base salary and commissions.
Administrative Expense
Expenses related to the general operation of a business, including salaries of executive personnel, accounting and legal services, and insurance.
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