Examlex
Cavitation means air bubbles form in the coolant and then collapse.
Beneficiaries
Beneficiaries are individuals or entities designated to receive benefits or assets under a legal instrument, such as a will, trust, or insurance policy.
Chain-Style Business Operation
A type of franchise in which the franchise operates under the franchisor’s business name and is required to follow the franchisor’s standards and methods of business operation.
Franchise
A business model that allows individuals to own and operate a branch of a larger company using its name, trademarks, and products.
Standards and Methods
Established procedures and guidelines designed to achieve consistency, reliability, and quality in executing tasks or manufacturing products.
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