Examlex
The disadvantage of store audit data in providing accurate sales figures is that it is sensitive to inventory fluctuations.
Common Law
A legal system based on judicial decisions and precedents rather than statutory laws.
Visible Nuisance
An objectionable or annoying condition that can be seen, affecting the use or enjoyment of property.
Due Diligence
The obligation on the directors of a corporation to ensure that effective systems are in place to comply with legislation, and to monitor the systems to ensure compliance.
Environmental Offence
A violation of laws designed to protect the environment, including pollution and illegal waste disposal.
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