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What are the three steps of a sequential scan cycle for a PLC?
Good Cause Clause
A provision in contracts that allows for termination of the agreement under specified conditions that are deemed to be legitimate or of "good cause."
Specified Area
A designated or defined geographic or operational space allocated for a particular purpose or activity.
Intangible Asset
An asset that lacks physical substance, such as intellectual property, goodwill, or brand recognition.
Patent Right
A legal entitlement granted to an inventor or assignee to exclusively exploit an invention for a certain period, preventing others from selling, making, or using the invention without permission.
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