Examlex
If Lucas paid $150 for his vehicle taxes because that is what he was told he owed, then later finds out he only owed $50, he should be able to recover the $100 because this was a unilateral mistake of fact.
Tax Rate
The segment of financial income that is requisitioned by state authorities from individuals or businesses as tax.
All Equity
A capital structure of a company or financial strategy where all financing is derived from shareholders' equity rather than combining equity with debt financing.
Leverage
Utilizing borrowed capital to amplify the possible gains from an investment.
Interest Rate
The percentage of a sum of money charged for its use, typically expressed on an annual basis.
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