Examlex
One requirement for proving that an act was negligent is the existence of an unbroken chain of events between the act and the injury or harm that occurred.This unbroken chain of events is called
Depreciation of Capital
This refers to the decrease in the value of physical assets over time due to use, wear and tear, or obsolescence.
Wages Paid
The amount of money workers receive from employers in exchange for their labor.
Sunk Costs
Sunk costs are past expenditures that have already been incurred and cannot be recovered, and thus should not impact future decision-making.
Past Costs
Refers to expenses that have already occurred and cannot be recovered.
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