Examlex
When a company acquires a capability from an external supplier and uses that capability to create value for customers, the firm has engaged in
Partnership
The association of two or more persons who act as co-owners of a business.
Fair Market Value
The price at which an asset would trade in a competitive auction setting, reflecting its true value under normal market conditions.
Equipment
Equipment consists of the tools, machinery, and other durable assets used by a business to carry out its operations.
Cash
Money in the form of currency, including coins and banknotes, which is used as a medium of exchange and legal tender.
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