Examlex
In a short essay, explain why nonprofit organizations might conduct cross-border activities.
FOB
Free on Board, a shipping term used to indicate whether the seller or buyer is responsible for goods damaged or destroyed during shipping.
Excess Capacity
A situation where a business produces less than it is actually capable of because there is not enough demand for its product or service.
Output Contract
A legal agreement in which a seller agrees to sell all the production to a particular buyer, who in turn agrees to purchase the entire output.
Needs Contract
A contract or agreement tailored to address and fulfill specific needs of the parties involved.
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