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In which case was it held that if an adverse possessor of unregistered land acknowledges the paper owner's title after the 12 years limitation period has run, he cannot rely on his adverse possession as a defence to an action for possession from the paper owner?
Financial Advantage
The benefit gained from making economic decisions that result in increased wealth or financial health.
Average Cost
A method of cost valuation that calculates the cost of goods sold and inventory based on the average cost of all similar items in inventory.
Fixed Manufacturing Overhead
Costs that do not vary with the level of production, such as rent, salaries, and equipment depreciation, associated specifically with manufacturing.
Financial Advantage
The benefit gained in financial terms, which can result in better profitability or cost savings.
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