C&C Definition

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C&C can mean: Cash and Carry or Collection & Classification.

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LEGAL ENTITY is a person or organization that has the legal standing to enter into contracts and may be sued for failure to perform as agreed in the contract, e.g., a child under legal age is not a legal entity, while a corporation is a legal entity since it is a person in the eyes of the law.

RESTATE see RESTATEMENT OF FINANCIALS.

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