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Advocates of which theory would argue that the government is best able to develop accounting standards because it has greater enforcement powers,and is more likely to be less responsive to pressures from interest groups?
Acceptance
A key factor in the agreement element of a contract; consists of the agreement of one party, the offeree, to the terms of the offer in the contract made by the other party, the offeror.
Revoke
To officially cancel or withdraw an offer, privilege, or power that was previously given.
Defects
Imperfections or faults in a product, system, or process that can cause it to be unsafe, unreliable, or to fail to meet expectations.
Express Warranties
Explicit assurances provided by a seller about the quality, functionality, or nature of a product.
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