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What Information Is Required in the Introductory Section of a State

question 28

Essay

What information is required in the introductory section of a state or local government's CAFR?


Definitions:

Non Est Factum

A defense in contract law that the person signing the document did not understand its nature due to a significant mistake.

Duress

A situation where a person is forced into an action or decision under threat of harm or coercion.

Obligation

A duty or commitment imposed by law, contract, or moral duty.

Breach of Contract

The failure to perform as specified by the terms of a contract without a legitimate legal excuse.

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