Examlex
Which of the following is not a reason one set of international accounting standards are needed?
Statute of Frauds
A legal principle requiring certain types of contracts to be written and signed to be legally enforceable, aiming to prevent fraud and misunderstandings.
Contract
A legally binding agreement between two or more parties that outlines obligations and rights of the parties.
Facsimile Signatures
Electronic or stamped signatures that serve the same legal purpose as original handwritten signatures.
Equitable Estoppel
A legal principle that prevents an individual from arguing against or denying the truth of a matter due to their previous actions, admissions, or representations.
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