Examlex
Under the indirect method of determining the net cash provided by operating activities on the statement of cash flows, an increase in accounts receivable would be subtracted from net income.
Acceptance
Acceptance in contract law is the expression of agreement to the terms of an offer, resulting in a binding contract between the parties.
Revocation
The official cancellation or withdrawal of an offer, agreement, or contract.
Defects
Faults or imperfections in a product or service that reduce its quality, functionality, or safety.
Inspected
To have been examined or reviewed carefully, especially to ensure compliance with standards and regulations.
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