Examlex
An officer who uses a flash light to look inside the front seat of a locked,illegally parked automobile on a public street and notices a bag of marijuana on a front seat has:
Income Sharing
An arrangement where income is distributed among participants or stakeholders based on predetermined criteria, often found in partnerships, cooperatives, and certain employment agreements.
Equity Purchase
The act of buying ownership interest in a company, typically through the acquisition of shares, giving the purchaser a stake in the company's profits and assets.
Income Sharing
A financial arrangement where earnings, profits, or revenues are distributed among stakeholders or partners based on a predetermined formula.
Capital Balances
The amount of equity ownership that different parties have in a company, typically represented by the shares held or the amount invested in the business.
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