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A rule in economics and law that says attorney fees must be paid by every party included in litigation - even the party that wins the case. An exception to the American rule can take place when the court rewards the winning party compensation to compensate fees against a losing party that has acted in bad faith.
The American Rule is contrary with the English Rule, in which the losing party reimburses the fees for the winning party. Most of the countries outside the U.S. work under the English rule. Some people argue that the American Rule permits plaintiffs to warn other parties with expensive lawsuits so as to obtain a favorable settlement.
Control of independent demand inventory items
Q. Database management system - accounting perspective? A database management system stores related data-such like monthly sales data products, salespersons, customers and sale
Illustrate the subsequent Accounting Concepts: a) Dual Aspect concept b) Materiality concept c) Matching concept d) Conservatism concept
Q. Example of Net purchases? Only the description would change. If Hanlon had previously paid the account the debit would be to Cash instead of Accounts Payable ever since Hanl
Complete a descriptive analysis of the following data elements in the Organizational Assessment Study dataset. Use appropriate graphical tools and descriptive statistics to charact
What steps would you take before approving an invoice for payment? Ans) Following steps should be taken.. ? Certify the invoice once it is matched for checking any holds..
Brown sole trader Brown has been in business for some years and has kept her drawings slightly below the level of profits each year. You are her accountant, and she has passed
basic methods for calculating depreciation
which career to look into when doing those subjects?
The following difference among financial and taxable income were reported by Dider Corporation for the current year (a) Excess of tax depreciation over book depreciation-------
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