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One Can Commit an Act of Negligence Without Actually Causing

question 25

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One can commit an act of negligence without actually causing harm to the plaintiff.


Definitions:

Note Receivable

A claim or debt that one party owes to another under the terms of a promissory note, indicating money to be received.

Perpetual Inventory System

An inventory management system where records of inventory quantities are updated on a continuous basis as transactions occur.

Journal Entries

Records of financial transactions in the order in which they occur, used to transfer information to the ledger accounts.

Service Fee

A charge for the provision of a service, often added to the basic price of the service.

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