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The word incidentally means "by the way" or "of a minor nature".

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15y ago

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What is incidental liability coverage?

Incidental liability coverage is a type of insurance that protects individuals or businesses from legal liabilities arising from unforeseen events or accidents that occur during incidental activities not primarily related to their main operations. For instance, a business may have incidental liability coverage if a customer gets injured on their premises during a promotional event. This coverage helps to shield against financial losses from legal claims, including medical expenses and legal fees. It's often included in broader liability insurance policies to provide additional protection.


Decrease in net assets arising from peripheral or incidental transactions is called a?

A gain or loss


What term may be defined as incidental cash flows that arise because of the effect of new project on the running business?

Which of the following term may be defined as incidental cash flows that arise because of the effect of new project on the running business?


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Incidental income refers to earnings that are not part of an individual's primary income stream, typically arising from secondary activities or unexpected sources. This can include things like interest from savings accounts, rental income from a property, or earnings from hobby-related sales. While it may not be the main source of income, it can contribute to overall financial stability and may have tax implications depending on the amount and source. Proper reporting of incidental income is important for compliance with tax regulations.


What does LFG mean?

LFG- mean's looking for group