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Costs will not change in total within the relevant range of activity.
Pharmaceutical Company
A business involved in the research, development, production, and marketing of medications and drugs for the diagnosis, treatment, or prevention of disease.
Commission
A fee paid for services, typically a percentage of the total cost.
Duty of Performance
The duty of performance is an obligation in a contract that requires a party to fulfill the terms as agreed.
Reasonable Skill
The level of competence that a professional is expected to perform in a specific task, based on common standards in the field.
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