Examlex
Explain three legal excuses and three justifications for crime and provide an example of each.
Net Income
The total profit of a business after all expenses and taxes have been subtracted from total revenue.
Consumer Credit
A financial arrangement that allows individuals to purchase goods or services now and pay for them in the future.
Trade Credit
A form of credit extended by suppliers to their customers, allowing them to purchase goods or services and pay for them at a later date.
Insufficient Credit
A condition where an individual or entity lacks the necessary borrowing capacity due to limited credit history or poor credit ratings.
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