ABSTRACT
In almost every œnancial transaction, there are multiple records prepared for what has taken place. When you buy a car, a copy of the vehicle documents goes to the lender (if it is œnanced), a copy goes to the purchaser for registration and licensing purposes, a copy goes to the state in which the car is registered, a copy may go to the manufacturer for warranty purposes, and a copy may go to another lender if the equity in the vehicle is used for collateral on another loan. Even something as small as buying a hamburger gets documented. A receipt goes to the customer (which can be used if the purchase is tax deductible), and a copy of the sale is recorded on the cash register to document the sale by the restaurant.
