Examlex
Advances in information technologies have caused middlemen to disappear and made retailers and manufacturers more sensitive to sales trends
Assets
Resources owned by an individual or business that have economic value or are expected to provide future benefit.
Liabilities
Financial obligations or debts owed by a company or individual.
Benefits-Received Principle
The concept that individuals should be taxed in proportion to the benefits they receive from government services.
Taxpayer Contributions
Monies paid into a government treasury by individuals or businesses for public use and services.
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