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The Markdown Percent Is the Amount of Markdown Divided by the New

question 90

True/False

The markdown percent is the amount of markdown divided by the new sale price.


Definitions:

Occupiers' Liability Acts

Laws that hold property occupiers responsible for ensuring the safety of those who enter their premises.

Duty of Care

A duty enforced by law on a person to act with reasonable care in activities that could potentially harm other individuals.

Negligence

Not acting with the caution a reasonably careful person would use in similar situations.

Defence

Defence refers to the argument or strategy used by an individual or party to oppose or fight against a claim or accusation in legal proceedings.

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