Examlex
If you are studying flirting behavior in college students by sitting quietly at the college snack bar and watching students as they interact with each other, all the while pretending to read a newspaper, you are engaging in a form of naturalistic observation.
Domestic Corporation
A corporation that is incorporated under the laws of the country in which it is doing business.
Taxable Income
The portion of income subject to taxes after adjustments, deductions, and exemptions are applied to gross income.
FMV
The fair market value, or the price that property would sell for on the open market between a willing buyer and a willing seller.
Complete Liquidation
The process of closing a business by selling all assets, paying off creditors, and distributing any remaining assets to shareholders or owners.
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