Examlex
Name two consequences of the Earth's magnetic field detected from space.
Allowance
An amount set aside as a reduction or probable future expenses or losses, such as an allowance for doubtful accounts.
Equipment
Tangible assets used in the operation of a business, such as machinery, tools, and vehicles, not intended for sale.
Partnership
A legitimate business partnership that involves several people who collaboratively oversee the operation and profit sharing.
Liquidation
The process of closing a business and distributing its assets to claimants, typically when the company is insolvent.
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