The Universal Declaration of Human Rights Has Most Often Been

question 23

Multiple Choice

The Universal Declaration of Human Rights has most often been criticized because

• A) there has been no attempt to enforce it.
• B) it is too vague and unclear.
• C) its "universal" principles are largely Western in origin.
• D) it does not demand equality for women.
• E) All of these

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Definitions:

Bad Debt Expense

An estimate of receivables that a company does not expect to collect, recognized as an expense in the income statement.

Open Account

A type of credit arrangement where goods and services are delivered with the understanding that payment will be made at a later date.

Interest-Bearing Note

A debt instrument in which the borrower promises to pay the lender a fixed amount of interest in addition to repaying the principal.

60-Day Note

Definition: A financial instrument, or promissory note, that requires the borrower to pay back the principal balance along with any interest in 60 days.