According to the General Rules of Interpretation of Contracts,ordinary Words

question 66

True/False

According to the general rules of interpretation of contracts,ordinary words are given their general meanings and the technical ones are given their technical meaning.

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Definitions:

Source Of Cash

Any activity or operation that brings money into the organization, increasing its cash availability.

Current Assets

Resources intended to be turned into cash, sold, or used up either within one year or over the course of the business's operating cycle, depending on which period is greater.

Cash Reserves

Funds that a company or individual keeps on hand to meet short-term and emergency funding needs.

Inventory Turnover

A calculation representing the turnover rate of a company's stock, showing how often it's sold and replaced within a given period.