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The incremental cash flows for a project are estimated as:
Competent and Professional
Relates to possessing the required skills, knowledge, and ethical standards expected in a professional context.
Section 11
A specific section in various legal documents or statutes that might encompass different regulations or requirements depending on the context.
1933 Securities Act
A U.S. law that regulates the offer and sale of securities to protect investors from deceit, misrepresentations, and other fraud.
Privity
A legal concept indicating a close, mutual, or successive relationship to the same right of property or the power to enforce a promise or warranty.
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