Examlex
Which of the following was a reason for colonies wanting to remain sovereign instead of creating a unified legislature?
Sunk Costs
Expenses that have already been incurred and cannot be recovered or altered, and should not be considered in future business decisions.
Cash Flow
The cumulative sum of funds moving into and out of a company, particularly influencing its liquid assets.
Opportunity Costs
The advantages that a person, business, or investor loses by selecting one option instead of another.
Sunk Costs
Past expenses that have already been incurred and cannot be recovered, and therefore should not affect future business decisions.
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