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If the amount of bad debts expense is understated at year end, then
Rightful Owner
A person or entity that legally possesses property or title.
Constructive Trust
A legal remedy imposed by a court to prevent unjust enrichment by transferring property from the person who unjustly benefits to the rightful owner.
Settlor
The individual who creates a trust by legally transferring assets into it, setting the terms for its management and distribution.
Revoke
To take back or withdraw an offer, right, or privilege.
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