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A value-added tax has gained widespread usage in Western Europe, Canada, and parts of Latin America.
Divisible Agreement
A contract that can be legally separated into individual obligations, allowing for partial fulfillment.
Illegality
The state or condition of being contrary to law or forbidden by law.
License Fee
A payment required for the permission to use someone else's property or intellectual property rights, such as software, music, or brand names, under specified conditions.
Legal Regulations
Rules or directives made and maintained by authority, governing behavior within a specific system, often within the context of industries, professions, or societal laws.
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