Examlex
An agent who purports to act for a legally nonexistent principal is personally liable when the agent knows or has reason to know the principal does not exist.
Day
A 24-hour period from midnight to midnight.
Income
The money received, especially on a regular basis, for work or through investments.
Financial Statement
An authorized ledger recording the economic occurrences and financial wellbeing of a company, person, or any distinct entity.
Normal Balance
A reiteration with different wording: The typical side (debit or credit) an account is expected to have, based on standard accounting rules.
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