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The net realizable value of receivables is calculated as the face value of the receivables less adjustments for
Comparative Negligence
Comparative Negligence is a legal principle that reduces the amount of damages a plaintiff can recover in a negligence-based claim, based upon the degree to which the plaintiff's own negligence contributed to the cause of their injuries.
Contributory Negligence
A legal doctrine where if the plaintiff in a negligence claim is found to be partly at fault for the incident, they may be barred from receiving compensation.
Wrongful Death
A legal term referring to a death caused by the negligence or misconduct of another person or entity.
Creditor
An individual, institution, or organization to whom money is owed by a debtor.
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