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Many states have passed ___________ statutes providing merchants with a right and immunity from certain torts when they detain suspected petty thieves.
Cash Payments
Outflows of cash by an entity, typically for expenses, goods purchased, or services rendered.
Credit
A financial term describing the ability to borrow money or access goods or services with the understanding that payment will be made in the future.
Unearned Revenues
Unearned revenues refer to money received by a company for goods or services that have not yet been provided to the customer.
Liability
A financial obligation or debt owed by an individual or company to another entity, requiring the transfer of resources at a future date.
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