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Frymire Corporation produces and sells a single product. Data concerning that product appear below:
-The unit sales to attain that the target profit of $36,000 is closest to:
Liquidated Damages
Pre-determined damages agreed upon by the parties involved in a contract, to be paid if one party breaches the contract.
Breach of Warranty
The failure to fulfill the terms of a promise or claim made about the quality or condition of a product or service.
Damages
Financial compensation that is ordered to be paid as a remedy for loss or injury.
Plaintiff
The party initiating a lawsuit, alleging harm caused by the defendant and seeking legal remedy.
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