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What tactic did colonists return to when new tax legislation passed Parliament in 1767?
Working Capital
The gap between a firm's current assets and current liabilities, signifying its short-term financial stability and operational effectiveness.
Current Ratio
A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year.
Capital Lease
A lease agreement that has the characteristics of a purchase by the lessee, including transfer of ownership by the end of the lease term.
Leased Asset
A leased asset is a possession that is rented under a lease agreement, granting the lessee the right to use the asset in exchange for periodic lease payments.
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