Examlex
Which of the following is part of the innermost level of an individual's ethical structure?
Financial Liability
An obligation to transfer cash or other resources as a result of past transactions or events.
Contractual Obligation
A contractual obligation is a duty or responsibility that one party is legally bound to perform under a contract agreement with another party.
Cash Consideration
Payment made in cash during a transaction, as opposed to stock exchange or other non-cash assets.
Amortised Cost
A financial valuation technique that gradually writes off the initial cost of an asset over a period, or the method of allocating the cost of an intangible asset over its useful life.
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