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Businesses Can Recognize a Loss on Abandoned Property

question 1334

Essay

Businesses can recognize a loss on abandoned property. What types of factors would indicate that property had been abandoned?


Definitions:

Illegitimate Power

Authority or influence that is exerted through unethical, coercive, or unauthorized means, often disregarded by those subjected to it.

Information Power

The influence and control one has due to possessing valuable knowledge, facts, or data that others do not have.

Referent Power

A form of influence that one individual has over another based on the strength of their relationship or the charisma and likability of the person who holds power.

Coercive Power

The ability of a person or group to enforce compliance through threats or punishment.

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