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Explain under what circumstances remoteness can be used as a defence in a negligence action.
Cost of Goods Sold
The immediate costs involved in making the products that a company sells, comprising both materials and labor.
Net Sales
The revenue generated from sales after deducting returns, allowances for damaged or missing goods, and discounts.
Liquidity Ratio
A financial metric used to determine a company's ability to pay off its short-term debts obligations with its liquid assets.
Maturing Obligations
Debts or other obligations that are nearing their due date for payment or completion.
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