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What Can Happen When One or Both Parties Do Not

question 90

Essay

What can happen when one or both parties do not think they got the best agreement possible?


Definitions:

Equity in Income

The share of income from investments in associates over which the investor has significant influence but does not control.

Patent

A patent is a legal right granted by a government authority to an inventor or their assignee, giving exclusive rights to the patented process, design, or invention for a certain period.

Net Income

The conclusive profit of a business, determined by subtracting expenses, taxes, and costs from its overall revenue.

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