Examlex
What is the law of defensive force?
Ultramares Rule
A legal principle that limits the liability of accountants for negligence to parties with whom they are in direct contractual relationship unless fraud is involved.
Duty of Care
A legal obligation requiring individuals and entities to exercise a reasonable standard of care to avoid causing harm to others.
Positive Net Worth
The financial status where total assets exceed total liabilities.
Obvious Theft
A situation where an act of stealing is clear and unmistakable to any observer.
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