Fill in the Blank(s)

question 2

Short Answer

Fill in the Blank(s)
-A measurement of inventory, "days of supply" refers to the ratio of forecast ___________or sales to inventory available.

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Definitions:

Primarily Liable

Refers to the main party responsible or legally obligated to fulfill a duty or pay a debt.

Secondarily Liable

Refers to a party's indirect responsibility to fulfill an obligation if the primary party fails to do so.

Proper Presentment

Proper Presentment is a legal term referring to the formal presentation of a negotiable instrument, like a check, to the party liable on the instrument, for payment or acceptance.

UCC

A thorough set of legal guidelines for the governance of commercial transactions in the United States is provided by the Uniform Commercial Code.