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Name One Use of Secondary Data

question 24

Essay

Name one use of secondary data.


Definitions:

Legal Costs

Expenses incurred due to legal action, including lawyer fees and court costs.

Maximum Period

The longest allowable timeframe in which a certain event or condition can occur, often set by law, regulation, or agreement.

Copyright

Copyright provides legal protection for original works of authorship, giving the creator exclusive rights to use, distribute, and authorize the use of their work.

Amortized

The process of gradually writing off the initial cost of an asset over a period, or systematically reducing a loan balance through periodic payments of principal and interest.

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