STATUTE OF FRAUDS
Statute of Frauds is a legal act the mandates selected contracts to be accomplished in writing. The Statute of Frauds vary per jurisdiction but generally, the following types of contracts are include: contracts for land sale, contracts for sales of goods whose price exceed a specified amount, contracts that won’t be accomplished within one year, contracts where an individual or entity will be paying the debt of another individual or group.
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Liquidity Adjustment Facility
A tool in monetary policy where banks are allowed to borrow money through repurchase agreements, and to respond to liquidity pressures. The governm ...
Data Warehousing
Electronic storage of information in a business or corporation. It should be secure, reliable and easy to retrieve and manage. It originated in 198 ...
One-Tailed Test
A statistical test where the critical area of a circulation is one-sided so that it is either less than or greater than a specific value, but not b ...
Less-than-Truckload
A shipping service that carries small loads of freight, weight between partial and full truckload. The service is being offered by many large and n ...
Original Cost
It simply refers to the total cost associated in buying an asset.
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