Examlex
The cash flow adequacy ratio can only be calculated if a company uses the direct method to report cash flows from operating activities.
Sufficiently Definite
A legal standard indicating that a contract or agreement contains clear, precise, and unambiguous terms that can be enforced.
Damages
Monetary compensation awarded by a court to a person who has suffered loss or harm due to the wrongful act of another.
Expenses Incurred
Costs that have been recognized or are payable due to business activities or transactions.
Breach Of Contract
The violation of any of the agreed-upon terms and conditions of a binding contract.
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