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Two Japanese firms-Mikato,Ltd.,and Shuzushi,Ltd.-enter into a joint venture in an attempt to in-crease their market share of the U.S.auto market.If the joint venture is not a per se violation of U.S.antitrust laws,a U.S.court could ex-ercise jurisdiction over the firms
Equivalent Cash Value
The cash amount equivalent to the value of a non-cash item, often used in contexts like insurance settlements or lottery winnings.
Monthly Payment
The specific amount of money paid each month, typically in the context of loans or leases.
Compounded Semi-annually
The process of calculating interest on both the initial principal and the accumulated interest from previous periods, applied twice a year.
Amortization Period
Refers to the total time taken to pay off a debt in regular installments until the loan amount and interest are paid in full.
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