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What is the difference between a component unit and a special purpose local government?
Consent
Agreement or permission for something to happen, given by someone with full understanding of what is involved.
Modified
Changed or adjusted from the original form, purpose, or condition.
Third Party
An entity or individual that is involved indirectly or is outside the main two parties engaged in a transaction or legal matter.
Principal
A party who has the primary responsibility in a transaction or legal action, or the amount of money originally invested or loaned, excluding any profits or interest.
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