In Preparing for the Filing of an Action, It Is

question 138

Multiple Choice

In preparing for the filing of an action, it is a good idea for a paralegal to see that the attorney signs the

• A) complaint.
• B) process receipt and return.
• C) summons.
• D) consent to exercise jurisdiction.

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Definitions:

Journalize

The act of recording transactions in the accounting journals as part of the bookkeeping process.

Terms 2/10, N/30

Payment terms indicating a 2% discount if paid within 10 days, otherwise the net amount (total invoice) is due within 30 days.

Debit Memorandum

A document issued by a buyer to a seller indicating a debit made to the seller's account, often due to returned goods or errors in the invoice.