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It's a very interesting analogy - between two balance sheets of two consecutive years and two photographs of a motion picture. I can see the following common factors: (we are however assuming that the photographs are of the same person, situation or place). 1. The second photograph depitcs the change vis-a-vis the first photogrpah - and so does the balance sheet. 2. The improvement or detoriation is visible in the photograph and so is it in the balance sheet. 3. The What could have happened during the process (the events in the motion picture or the business in the organisation) can be fairly estimated, though not very clearly and authentically. 4. The overall position is evident and things as they stand now in comparison to the first position is understandable. 5. The individual's interpertation based on the experience and knowledge is important in understanding the situation in both the cases. 6. The photograph or the balance sheet depicts the situation at that moment or as on that day, irrespective of the hardships and ups and downs faced during the couse of the movie or the year. 7. Balance sheet can be more revealing than the photograph as there are various methodologies which can bring out the actual position. This is not possible in case of photograph and eyes and imagination is the only resort. 8. Balance sheets are much more authentic and throw much better light with very little scope for camouflage or misunderstanding. 9. In balance sheet, it is possible to estimate and judge the reasons for changes in the position. But this is not possible in photographs. 10. And last but not the least, the Balance sheet, when read along with the Profit and Loss A/c gives a complete picture. Similarly, the situation of the photograph become clear if the entire motion picture is viewed.

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2w ago

A position statement in a civil suit is a document that outlines a party's stance on the legal issues involved in the case. It typically presents the facts, legal arguments, and evidence that support the party's position and may be used to inform the court and the opposing party about the party's position on the matter.

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Q: What is a position statement in a civil suit?
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