Examlex
A consequence of strict liability is that companies are sometimes hesitant to introduce new or innovative products because of the fear of liability lawsuits.
Stockholders' Equity
The residual interest in the assets of a corporation after deducting its liabilities, representing the ownership equity of the shareholders.
Assets
Economic resources owned or controlled by a business or individual that are expected to provide future benefits.
Stockholders' Equity
The value of a company's assets minus its liabilities, representing the ownership interest of the shareholders.
Accounting Equation
The fundamental equation of accounting stating that Assets = Liabilities + Owners’ Equity.
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