Examlex
The fact that a buyer paid a very low price in comparison to an item's actual value can be used as evidence that the buyer knew the item was stolen or illegally obtained.
Ordinary Simple Interest
Interest calculated on the principal amount of a loan or investment, based on a 360-day year.
Ordinary Simple Interest
A method for calculating the interest charge on a loan or investment based on the original principal, rate, and length of time, without compounding.
360-Day Year
A financial calculation assumption where the year is considered to have 360 days for simplifying interest related calculations.
Ordinary Simple Interest
Interest calculated on the principal amount of a loan or investment based on a simple interest rate, without the compounding factor.
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