Which of the Following Is NOT an Accounting Transaction

question 45

Multiple Choice

Which of the following is NOT an accounting transaction?

• A) A payment is made by cheque to Telstra.
• B) A company is awarded a construction contract.
• C) A creditor charges interest for late payment.
• D) The bank informs you that a cheque has been dishonoured.

Identify the elements required to establish a negligence claim.

Recognize how the concept of proximate cause applies to negligence cases and its implications for liability.

Understand the legal significance of statutory violations (negligence per se) in negligence claims.

Grasp the notions of contributory negligence, comparative negligence, and assumption of risk, and how they affect liability and damages.

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Definitions:

Hierarchy of Motives

A structure that ranks human needs and motivations in order of importance, from basic physiological needs to self-actualization.

Maslow

Refers to Abraham Maslow, a psychologist best known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs in priority, culminating in self-actualization.

Sweet Taste

A sensation recognized primarily on the tongue, triggered by sugar and substances with a similar chemical structure.

Eating

The act of consuming food in order to provide nutritional support to the body.