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is a statistical design in which the test units are blocked on the basis of an external variable to ensure that the various experimental and control groups are matched closely on that variable.
Long-Term Equity
Investments in stocks or other equity instruments that are intended to be held for a period longer than one year for potential appreciation in value.
Accounts Payable
The amounts owed by a business to its suppliers or creditors for goods and services received on credit.
Noncompete Clause
A provision often included in a contract to purchase a business that restricts the seller from entering the same type of business within a specified area for a certain amount of time.
Intellectual Property Contract
A legal agreement that outlines the terms of use, distribution, and ownership of intellectual property between two parties.
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