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  2. Colorado legally requires businesses to accept cash — but ...

    www.aol.com/finance/colorado-legally-requires...

    But Dyke knew that Colorado had put through legislation in 2021 that a business must accept cash, in response to many establishments becoming cashless during the COVID-19 pandemic.

  3. Generally Accepted Accounting Principles (United States)

    en.wikipedia.org/wiki/Generally_Accepted...

    Historical cost principle: requires companies to account and report assets' and liabilities' acquisition costs rather than fair market value. This principle provides information that is reliable (removing opportunity to provide subjective and potentially biased market values), but not very relevant. Thus there is a trend to use fair values.

  4. Cuckmere Brick Co Ltd v Mutual Finance Ltd - Wikipedia

    en.wikipedia.org/wiki/Cuckmere_Brick_Co_Ltd_v...

    A trustee has not, qua [in his capacity as] trustee, any interest in the trust property, and if an agent employed by him is negligent his right of action against the agent is an asset of the trust. A mortgagee, on the other hand, is not a trustee and if he sues the agent for negligence any damages which he can recover belong to him....

  5. Squeeze-out - Wikipedia

    en.wikipedia.org/wiki/Squeeze-out

    In the US squeeze-outs are governed by State laws, e.g. 8 Delaware Code § 253 permits a parent corporation owning at least 90% of the stock of a subsidiary to merge with that subsidiary, and to pay off in cash the minority shareholders. The consent of the minority shareholders is not required.

  6. A Legal Question About the War on Cash - AOL

    www.aol.com/news/legal-war-cash-143700453.html

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  8. Cash method of accounting - Wikipedia

    en.wikipedia.org/wiki/Cash_method_of_accounting

    Since the Tax Reform Act of 1986, the cash method can no longer be used for C corporations, partnerships in which one or more partners are C Corporations, tax shelters, and certain types of trusts. [3] Because of the 1986 reform, in general, construction businesses do not use the cash method of accounting.

  9. US appeals court halts enforcement of anti-money laundering law

    www.aol.com/news/us-appeals-court-halts...

    (Reuters) -A U.S. appeals court has halted enforcement of an anti-money laundering law that requires corporate entities to disclose the identities of their real beneficial owners to the U.S ...