Examlex
In what way is abnormal spoilage treated differently than normal spoilage?
Principal
The initial amount of a loan or investment, excluding any interest or dividends.
Agent
An individual or entity authorized to act on behalf of another.
Contract
A legally binding agreement between two or more parties that outlines obligations each party must fulfill.
Liable
Being legally responsible for something, especially in the context of debts or legal wrongs.
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