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The end of law is not to abolish or restrain, but to preserve and enlarge freedom.
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Legal Definitions - net profit
The life of the law has not been logic; it has been experience.
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Definition of net profit
Definition: Net profit is the amount of money a business earns after deducting all expenses from its total revenue. It is also known as net income or bottom line.
Example: If a company's total revenue is $100,000 and its expenses are $80,000, then its net profit is $20,000.
This means that the company has earned $20,000 in profit after paying for all its expenses such as salaries, rent, utilities, and taxes. Net profit is an important measure of a company's financial health as it shows how much money it is actually making.
The law is reason, free from passion.
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Simple Definition
Net profit is the money a business makes after subtracting all the costs of running the business. This includes the cost of making or buying the products, paying employees, and other expenses. It's the money left over that the business can keep or use to invest in the future. Net profit is important because it shows how well a business is doing financially.
Ethics is knowing the difference between what you have a right to do and what is right to do.
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