Always the US Constitution. The USC was developed before any state laws or state constitutions and in all court hearing you plead your case the United States Supreme court. States are allowed to...
Provisions are those where the liability existence is certain, but the amount of liability cannot be determined with substantial accuracy. In case of reserves, the liability is not known. but some...
a provision is set up to give discounts to debtors who settle accounts early. as the company are not receiving the full debt they have a provision in place in this eventuality. This is seen as an...