Examlex
How do observers determine someone's socioeconomic status when meeting them for the first time?
Liability
Liability refers to the legal responsibility for one's actions or omissions, which may result in being required to compensate for damage or harm caused.
Security
A financial instrument that represents an ownership position in a publicly-traded corporation (stock), a creditor relationship with a governmental body or a corporation (bond), or rights to ownership as represented by an option.
Business License
Official permission from a governmental authority allowing individuals or companies to conduct business within a certain jurisdiction.
Distributorship
An arrangement within a supply chain where a firm is authorized to distribute a manufacturer's products in a particular territory.
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