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If P (A and B)= 1,then A and B must be collectively exhaustive.
Off the Shelf
A term used to describe products available for immediate purchase and use, without the need for customization.
Delayed Filings
Late submissions of required documents or reports to regulatory bodies or stakeholders, often subject to penalties.
Accredited Investor
A private investor who is allowed to accept private securities offerings under certain specific guidelines set by the SEC.
Sophisticated
Having a complex or nuanced understanding, often referring to a high level of experience or education.
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