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Why Do Businesses Need to Keep Some Currency on Hand

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Why do businesses need to keep some currency on hand?


Definitions:

Defendant

Someone or an organization that stands accused or is being sued within a legal court system.

Award

The result of an arbitration process or a decision by a judge that gives one party a legally binding benefit, such as monetary damages.

Restatement (Second) of Torts

A legal document that provides a comprehensive summary of tort law in the United States, including principles, definitions, and case examples to clarify the laws.

Strict Liability

A legal principle that holds a party responsible for damages or harm without requiring proof of negligence or fault.

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