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Earlier accounting mostly acted as the memory in the businessperson along with the in that point audience to the account was the history keeper or the proprietor by yourself. But Along with the developing growth of joint stock businesses manufactured larger sized variety of audiences for accounts, because investors with no firsthand acquaintance of their operations relied on accounts to supply the necessary facts.

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Dilemma: Explain, with the use of illustrations, how freehold covenants may perhaps efficiently impose controls more than land use which bind all successors in title to the initial covenantor and covenantee.

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