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The acid-test ratio is usually greater than the current ratio.
Inherently Dangerous
Refers to activities, substances, or products that possess potential risks or harm that cannot be entirely mitigated through reasonable care or precautions.
Substantially Departed
A term describing a significant deviation or departure from agreed-upon terms or expectations in a legal or formal context.
Scope of Duties
The range or extent of responsibilities and tasks that a job entails, as defined by an employment contract or position description.
Right of Recovery
The legal ability to seek or obtain restitution, compensation, or remedy for losses or damages that have been incurred.
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