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The product strategy during the maturity stage of the product life cycle should be to build more intensive distribution.
Reasonable Care
A legal standard implying that a person or entity should act with the caution and prudence that a reasonable person would use in similar circumstances.
Conditional Gift
A gift given with specific conditions attached, which must be fulfilled for the gift to be fully transferred to the recipient.
Engagement
A formal agreement to get married or, in business, the act of hiring services or establishing a professional relationship.
Valid Gift
A gift that meets all legal requirements for its transfer from one party to another without the expectation of payment or return.
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