How Much Does Pell Record as Income from Demers for the Year

question 112

Multiple Choice

How much does Pell record as Income from Demers for the year ended December 31, 2020?

• A) $90,400.
• B) $40,000.
• C) $89,000.
• D) $50,400.
• E) $56,000.

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Definitions:

Spoliation

The intentional or negligent destruction, alteration, or concealment of evidence that is relevant to a legal proceeding.

E-evidence

Digital evidence stored on electronic devices, used in court to support legal claims or defenses.

Default Judgment

A judgment entered by a court against a defendant who has failed to appear in court to answer or defend against the plaintiff’s claim.

Affirmative Defense

A response to a plaintiff’s claim that does not deny the plaintiff’s facts but attacks the plaintiff’s legal right to bring an action. An example is the running of the statute of limitations.