Isabel and Josh Engage in a Business Transaction That Leads

question 38

Multiple Choice

Isabel and Josh engage in a business transaction that leads to a dispute. Isabel initiates a lawsuit against Josh by filing a complaint. The sheriff serves Josh with a summons. If Josh chooses to ignore it,​

• A) ​Isabel must file an amended complaint.
• B) ​Isabel will have a judgment entered in her favor.
• C) ​Josh must be served with a second summons.
• D) ​Josh will have a judgment entered in his favor.

---

Definitions:

Advertising Expense

The cost incurred by a company to promote its products or services through various advertising channels and methods.

Departmental Sales

Revenue generated from the sales activities of specific departments within a retail or corporate setting, tracked to evaluate the performance of each department.

Retail Store

A business establishment that sells goods or services directly to consumers, primarily for personal or household consumption.

Depreciation

The systematic allocation of the cost of a tangible asset over its estimated useful life, recognizing the decrease in value over time.