Examlex
Which of the following is one of the two types of competitive pressure that affects the ability of multinational enterprises to compete in the global marketplace?
Rafts
Platforms or structures made of buoyant materials, often wood, used for transport or as a floating base.
Main Purpose Rule
A legal principle stating that if the main purpose of a transaction is to benefit the guarantor, then a written agreement isn't necessary to enforce the guaranty.
Debt
An amount of money borrowed by one party from another, with the condition that it is to be paid back, often with interest.
Enforceable
A legal term referring to a contract or agreement that is recognized by law and can be upheld in a court of law.
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