Examlex
An employer can hire an independent contractor to complete an inherently dangerous activity to escape liability just in case something goes wrong.
Probable Future Sacrifices
The expected relinquishment of assets as a result of obligations.
Liabilities
Economic obligations or debts owed by a business to others, typically arising in the course of its operations.
Economic Benefits
Benefits that can be quantified in monetary terms and usually include profits, revenues, and savings.
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