Examlex
Though never explicitly intended, which of the following has been a positive benefit of the competition for power between the two major parties?
Joint Ventures
A commercial enterprise undertaken jointly by two or more parties that otherwise retain their distinct identities.
Taxed
Subject to a compulsory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization.
Formal Agreement
A legally binding contract or document established between two or more parties, outlining specific terms and conditions that are enforceable by law.
Distributorship
A type of franchise in which the franchisor manufactures a product and licenses a dealer to sell the product in an exclusive territory.
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