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What Is Proximate Cause and How Does It Affect Liability

question 76

Essay

What is proximate cause and how does it affect liability for negligent conduct?


Definitions:

Unrestricted Resources

Funds or resources received by an organization that are not subject to stipulations on their use by donors, allowing for flexibility in allocation.

Restricted Resources

Funds or resources that are designated for specific purposes by donors, grantors, or regulatory authorities, limiting their use.

Capital Assets

Long-term assets acquired for use in a business, intended for the purpose of earning income and not for resale.

Collections

The process of pursuing payments of debts owed by individuals or businesses to creditors or service providers.

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