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In some local government financial reports you will find activities such as solid waste disposal and sewage disposal accounted for as a part of the General Fund. In other reports apparently identical activities are accounted for as enterprise funds. When is a government required to establish an enterprise fund?
Unilaterally Mistaken
A situation where only one party to an agreement is confused about the terms or subject matter, potentially affecting the validity of the contract.
Contractual
Pertaining to, or characterized by, a contract or agreement between two or more parties.
Damages Recoverable
The amount of money that can be claimed or awarded as compensation for loss or injury in a legal action.
Dollar Limits
The maximum amount of money that can be claimed from a jurisdictional perspective or under a specific insurance policy.
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