In Your Own Words, Explain the Idea of a Prima

question 73

Essay

In your own words, explain the idea of a prima facie obligation.

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Definitions:

Operating Profit

Revenue obtained through a company's principal business activities, before subtracting interest and taxes.

Invoice

A paper provided by the seller to the purchaser, listing the items, amounts, and confirmed pricing for goods or services rendered by the seller.

Payment Date

The specific date on which a payment is due or processed.

Cost

The amount of money required to purchase something or to produce a good or service.