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What Must the Court Do If There Is a Deficiency

question 15

Essay

What must the court do if there is a deficiency in the evidence, so that a cause of action is not proved?


Definitions:

Issued Capital

The total value of a company's shares that have been issued to shareholders.

Elimination

The process of removing internal transactions or balances when preparing consolidated financial statements to avoid double counting.

Dividend Elimination

The process of removing the effects of dividends paid by subsidiaries to the parent from consolidated financial statements to avoid double counting.

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