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When Raj arrived an hour late for his first date with Anita in a pair of sweats, without so much as a call to warn her of the delay, Anita realized Raj was not the one for her. Raj's nonverbal behavior was
Financial Liability
Any kind of obligation or responsibility to pay money to another party, including loans, accounts payable, and mortgages.
Intellectual Property
Legal rights that are granted to inventors and creators over their inventions, designs, and artistic works.
Wholly Owned Subsidiary
A new legal entity set up for operation in a foreign market that is legally a separate company but is fully owned by the parent firm.
Turnkey Operation
A type of project that is constructed so that it could be sold to any buyer as a completed product. This term is commonly used in the real estate sector.
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