Examlex
Which of the following is a reason for using an object-oriented design?
Liability
A financial obligation or amount owed by a business or individual to others, which must be settled in the future.
Goodwill
An intangible asset that arises when a business is purchased for more than the fair value of its net identifiable assets.
Acquisition
The process by which a company purchases most or all of another company's shares or assets, in order to take control or ownership of that company.
Fair Value
The cost expected to be received for an asset sale or to be paid for transferring a liability during a well-organized interaction between market actors as of the valuation moment.
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