Examlex
In a strict liability case, if it can be proved that a business was as careful as possible about its product or service, it is not held liable for the harm that results from its use.
Spending Variance
The variance between the anticipated budget for an expense and the actual expenditure.
Direct Materials
Raw materials that are directly used in the manufacturing of a product and are easily traceable to that product.
Client-Visits
The number of times clients or customers physically visit a business or service location, often used as a metric in service-based industries.
Personnel Expenses
Costs related to the compensation of employees, including wages, benefits, and taxes.
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