$$\text { Match each of the following terms } ( a - h ) \text { with the correct definition below. }$$

question 168

Short Answer

$$\text { Match each of the following terms } ( a - h ) \text { with the correct definition below. }$$
-Payment arrangements determined by the seller as to when invoices are due and whether early payment discount is offered.
a. Credit terms
b. FOB destination
c. FOB shipping point
d. Periodic inventory system
e. Perpetual inventory system
f. Inventory shrinkage
g. Single-step income statement
h. Multiple-step income statement

Distinguish between various personality disorders based on symptoms and behaviors.

Understand the legal grounds for recovering damages in cases of fraudulent misrepresentation.

Comprehend the requirements for proving fraudulent misrepresentation and the limitations on recovery.

Identify enforceability factors of contract modifications discussed through instant messaging.

---

Definitions:

Parties

Social gatherings of invited guests, typically involving eating, drinking, and entertainment; in a political context, organized groups of people with similar ideological beliefs or goals.

Classes

Distinct groups within a society, differentiated by factors like wealth, occupation, and social status.

Authority

The recognized power or right of an entity or individual to make decisions, command obedience, or influence behavior.

Authority

The power or right to give orders, make decisions, and enforce obedience.