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Net Operating Income (NOI): Definition, Calculation, Components, Example.

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. Net Operating Income (NOI): Definition, Calculation, Components, Example. What are examples of operating expenses? Operating expenses are those expenses that are incurred in the course of running a business. They can include rent, utilities, salaries, insurance, and other day-to-day expenses. What are the components of net operating income? Net operating income (NOI) is a … Read more

What Is Promissory Estoppel?

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Promissory estoppel is a legal doctrine that states that a person who makes a promise to another person cannot go back on that promise if it would cause the other person to suffer a financial or other type of hardship. The doctrine is typically used in contract law, but can also be used in other … Read more