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Match Each Item with the Correct Statement Below

question 89

Multiple Choice

Match each item with the correct statement below.
-A(n) _____ is a partnership in which two or more companies combine resources and capital to create competitive advantages in a new market.


Definitions:

Consumer Protection

Laws and measures designed to safeguard consumers from unfair, deceptive, or harmful practices in the marketplace.

Cooling-Off Period

A legally designated time frame during which a buyer can cancel a purchase or contract without penalty.

Repudiate

The rejection or refusal to acknowledge or pay a debt, or the denial of the validity of a contract.

Credit-Reporting Agencies

Organizations that collect, maintain, and provide information about the credit history of individuals and businesses to potential creditors.

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