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In accordance with the first law of thermodynamics,the energy in a gallon of gas consumed in a mileage test is equal to the
Liability Insurance
Insurance that provides protection against claims resulting from injuries and damage to people and/or property, covering legal costs and payouts for which the insured party is responsible.
Prepaid
Expenses that are paid for in advance of receiving the benefit, often recorded as assets until the expense is incurred.
Equipment Rent
The cost incurred by a company for using equipment owned by another entity for a specified period.
Service Contract
An agreement between a customer and a service provider detailing the terms of service delivery, including scope, quality, and responsibilities.
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