Examlex
Which of the following is not a characteristic of a perfectly competitive market?
Promoter
An individual or organization that helps to initiate and plan significant events, businesses, or movements.
Ratifies
The act of formally confirming or approving a decision or agreement, making it officially valid.
Preincorporation Contract
An agreement entered into on behalf of a corporation before it is legally formed.
Corporate Promoter
An individual or entity that undertakes the efforts to organize and establish a corporation, including arranging initial capital, legal requirements, and business plans.
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