DOT Denotes

question 56

Multiple Choice

DOT denotes

• A) Delivery on Time.
• B) Data on Tangibility.
• C) Directory of Occupational Transitions.
• D) Dictionary of Occupational Titles.

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Definitions:

Debt

Money owed by one party to another under an agreement to repay borrowed funds or provided goods/services.

Profit

Profit represents the financial gains obtained when the revenues generated from business activities exceed the expenses, costs, and taxes needed to sustain those activities.

Breach Contract

A failure to perform any term of a contract, written or oral, without a legitimate legal excuse, which allows the other party to seek compensation.

Reasonable Care

A legal standard requiring individuals to act with the caution and attentiveness that a prudent person would under similar circumstances.