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With a time study approach, the:
Principal
The original amount of money loaned or invested, excluding any interest or profits.
Tort Liability
Legal responsibility arising from civil wrongs or injuries caused by one's actions or inactions to another person, excluding breaches of contract.
Misrepresentations
False statements or actions made to deceive or mislead.
Rescinding
The action of revoking, canceling, or repealing a contract, agreement, or law.
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