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Banking, insurance, consumer electronics, computing, televisions and tourism all currently form large shares of household consumption in BRICs.
S Corporation
A special type of corporation in which the owners are taxed as partners.
Flexibility
The ability to adapt to new, different, or changing requirements.
Caveat Emptor
A Latin phrase meaning "let the buyer beware," implying that the responsibility for due diligence before a purchase lies with the buyer.
Regulations
Rules or directives made and maintained by authorities that govern behaviors or activities.
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