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Brian has committed a robbery; he mugged a man by holding a knife to his neck. The victim handed over his wallet, and Brian took it and ran. He was later caught when he used the victim's credit card to purchase alcohol. Brian has been charged with robbery, possession of a deadly weapon, fraud, and possession of stolen property. The prosecutor agrees to drop all but the robbery and deadly weapon charge if Brian pleads guilty. One could say that Brian was ____________ to put the prosecutor in a good position for ________________.
Purchase Obligation
An agreement that legally binds a company to buy a specified amount of goods or services at predetermined prices in the future.
Gross Profit Margin
A financial metric that indicates the percentage of revenue that exceeds the cost of goods sold, showing the financial health and profitability of a company's core activities.
Gross Profit Percentage
A financial ratio that compares the gross profit of a business to its net sales, expressed as a percentage.
Net Sales
The revenue from sales of goods or services after subtracting returns, allowances for damaged or missing goods, and discounts.
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