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What is the fair value option as defined in FASB ASC 825‐10‐10?
Trademark Infringement
The unauthorized use of a trademark or service mark on competing or related goods and services, potentially confusing consumers.
Restitution
An equitable remedy under which a person is restored to his or her original position prior to loss or injury, or placed in the position he or she would have been in had the breach not occurred.
Counterfeit Prescription Drugs
Illegally produced medications that are made to look like genuine branded drugs but may contain incorrect or harmful ingredients.
Net Profits
The remaining amount of income left after all expenses, taxes, and costs have been subtracted from total revenue.
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