Money that serves to compensate a seller in the event of a buyer default is known as

A) actual damages
B) liquidated damages
C) escrow funds
D) earnest money

Answer: B) liquidated damages

Business

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Which term represents an individual's visible characteristics, including, but not limited to, age, body size, visible disabilities, race, or sex?

a. deep-level diversity b. surface-level diversity c. genetic diversity d. functional diversity

Business

Working capital measures a business's ability to meet its long-term obligations with its current assets

Indicate whether the statement is true or false

Business