Examlex
When a person is injured by a product there is an automatic claim under strict liability.
Real Estate Taxes
Taxes charged by the government on property ownership, typically based on the property's value.
Additional Processing Costs
The costs incurred when further processing is required for a product after its initial manufacturing stage.
Direct Method
A way of preparing the cash flow statement where actual cash flow information from the company's operations is used, directly showing sources and uses of cash.
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