Examlex
Inference to the best explanation is an example of inductive reasoning.
Quarter's Profit
The net income or earnings generated by a company during a specific quarter of its fiscal year.
Partnership
An authorized commercial operation formed by two or more participants who equally handle management duties and share the profits.
Reinsure
A practice where an insurance company transfers a portion of potential risk to another insurer to reduce its overall liability.
Insurance Premium
The amount paid periodically to an insurance company by the policyholder for covering their risk.
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