Examlex
Non- sampling errors occur when audit tests do NOT uncover existing exceptions in the:
Court's Use
Refers to the application and implementation of law and legal procedures by a court.
Notional Severance
The theoretical division or separation of property, especially in the context of legal judgments or estate planning, without an actual physical division.
Illegal Contract
A contract that is void and unenforceable from the onset because it involves activities that violate the law or public policy.
Interest Rate
The percentage at which interest is paid by borrowers for the use of money they borrow from lenders.
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