A Request for Entry of Default Judgment Is Often Accompanied

question 82

Multiple Choice

A request for entry of default judgment is often accompanied by an affidavit to show

• A) jurisdiction.
• B) incapacity of defendant.
• C) nonmilitary service.
• D) service of process.

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Definitions:

Break-even

The point at which total revenues equal total costs, resulting in no net profit or loss.

Accounting Break-even

The point at which a company's revenues exactly cover its expenses, without generating a profit or a loss.

Cash Break-even

Cash break-even is the point at which a business generates just enough revenue to cover its cash outflows, without making a profit or loss.

Financial Break-even

The point at which total revenues equal total costs, resulting in neither profit nor loss.