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Identify any fallacies in the following passage either by naming them or, where they seem not to conform to any of the patterns described in the text, by giving a brief explanation of why the fallacious reasoning is irrelevant to the point at issue.
Overheard somewhere and paraphrased: "The statistics that show you are better off wearing a seatbelt are completely flawed and can safely be ignored. Forcing people to use seatbelts, like making motorcyclists wear helmets, is just one more case of Big Brother infringing on personal liberty."
Net Accounts Receivable
The total amount of money owed to a company for goods or services that have been delivered but not yet paid for, minus any provisions for bad debts.
Allowance for Uncollectible Accounts
An estimated reserve for debts that may not be collected due to customer default.
Default Rate
A measure reflecting the percentage of borrowers who fail to make payments on their debts as scheduled.
Bad Debt Accruals
Bad debt accruals are amounts set aside by a company to cover accounts receivable that are not expected to be collected because customers are unable to pay.
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