Examlex
When a financial manager calculates production requirements they add Projected Sales to desired ending inventory then subtract beginning inventory.
Capacity
The legal ability of a party to enter into a contract.
Severely Intoxicated
A state of being under the influence of alcohol or drugs to a significant degree, impacting cognitive and physical abilities.
Capacity
In law, the ability of an individual to enter into a contract, evidenced by their being of sound mind and of legal age, or by a business to enter into agreements.
Ratification
The act of giving formal consent to a treaty, contract, or agreement, making it officially valid.
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