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For Each of the Following Questions That Might Appear on an Application

question 67

Essay

For each of the following questions that might appear on an application form, identify them as either (A) appropriate or (B) inappropriate, from a legal perspective.
a.Appropriate
b.Inappropriate
-What is your date of birth?


Definitions:

Operating Activities

Component of cash flow statement that reflects the cash generated or spent on a company's main business operations.

Minimum Lease Payments

The lowest total amount that a lessee is expected to pay over the lease term under a lease agreement.

Executory Costs

Expenses associated with executing a contract, including maintenance and insurance, but excluding depreciation.

Guarantee

A formal promise or assurance, typically in writing, that certain conditions will be fulfilled, especially regarding the quality, durability, or performance of a product or service.

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