When a Company Is Making Payments (Accounts Payable) from a Weakening

question 115

True/False

When a company is making payments (accounts payable) from a weakening currency into a strengthening currency, it should delay payment

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Definitions:

Abnormally Dangerous

Activities or operations that inherently pose a significant risk of harm to others, regardless of the precautions taken.

Negligent

Failing to take proper care in doing something, leading to damage or injury to others.

Intended Harm

Intended harm refers to injuries or damages that were willfully caused by an individual’s actions, with the knowledge and purpose of causing harm.

Strict Liability

A legal doctrine that holds an individual or entity responsible for damages or harm caused, regardless of negligence or intent.