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An "open book account" in civil court refers to a type of account that is maintained for ongoing transactions between parties, typically in a business context. This legal term indicates that the account's records are accessible to both parties, allowing them to review and verify the transactions recorded. In cases of dispute, the party maintaining the open book account may need to provide evidence of the transactions to support their claims. It often simplifies the process of proving the amount owed in a debt collection case.

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2mo ago

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