Examlex
Which of the following is NOT generally written into the articles of partnership agreement?
Capital-Intensive
Describing industries or processes that require a high level of capital investment in machinery and equipment relative to labor.
Labor-Intensive
A process or industry that requires a high input of labor relative to capital in the production of goods or services.
Labor Costs
The total expenses incurred by employing labor including wages, salaries, benefits, and taxes, which are key components of the overall cost of production.
Minimum Wage
The lowest legal wage that employers are allowed to pay their workers, designed to protect labourers from exploitation.
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