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A 'reasonable person' is a legal fiction I'm pretty sure I've never met.
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Legal Definitions - appropriated surplus
Law school is a lot like juggling. With chainsaws. While on a unicycle.
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Definition of appropriated surplus
Definition: Appropriated surplus is the portion of a company's surplus that is set aside for a specific purpose.
For example, a company may set aside a portion of its surplus for future expansion or to pay off debt. This portion of the surplus is known as the appropriated surplus.
Another example of appropriated surplus is when a company sets aside a portion of its surplus to pay dividends to shareholders. This portion of the surplus is known as the appropriated retained earnings.
Overall, appropriated surplus is a way for companies to allocate their surplus funds towards specific goals or purposes.
The difference between ordinary and extraordinary is practice.
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Simple Definition
Appropriated surplus is the part of a surplus that is set aside for a specific purpose. Surplus is the extra money or assets that remain after all expenses and debts have been paid. It can come from earnings, investments, or the sale of assets. Appropriated surplus is like putting money in a piggy bank for a specific goal, like buying a new toy or saving for college. It is different from unappropriated surplus, which can be used for any purpose.
Justice is truth in action.
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