Examlex
With respect to the issue of counterfeit brands, it is correct to say that
counterfeit brands used to be a big problem, but new legislation in various countries has reduced the problem considerably.
counterfeit brands are a big problem in products like perfume and designer clothing, but less of a problem in pharmaceuticals and expensive wines.
consumers benefit from counterfeit goods because they can get good products for lower prices.
it is generally easy to tell the difference between counterfeit goods and the real thing.
none of the above are correct.
Calendar-year
A one-year period that starts on January 1 and ends on December 31, used in financial reporting and tax calculations.
Promissory Note
A financial document representing a promise to pay a specified sum of money to the holder at a future date or upon demand.
Payee
is the party in a financial transaction who receives the payment.
Maker
In the context of finance, a maker is typically a party that creates or executes an order, often in trading or banking environments.
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