Under Rule 58, the Judge Must Tell the Clerk of Court

question 23

Multiple Choice

Under Rule 58, the judge must tell the clerk of court how to word the judgment whenever the decision of the court provides a remedy other than:

• A) dismissal of the claim.
• B) an award of a specified amount of money.
• C) both of the above.
• D) neither of the above.

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Definitions:

Gross Profit

The financial metric calculated as sales revenue minus the cost of goods sold, indicating the efficiency of a company in producing and selling its goods.

Sales Discounts

Reductions in the sales price offered by a seller to a buyer, often to prompt early payment or bulk purchases.

Accounts Receivable Turnover Ratio

A financial metric indicating how efficiently a company collects cash from its credit customers by measuring how often receivables are collected during a period.