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In a ______ case, the police officer may make the arrest without having observed the crime if the officer has probable cause to believe the crime occurred and the person being arrested committed it.
Partnership Contract
A legal agreement between partners that outlines the terms and conditions of their business relationship.
Profits
The financial gain realized when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.
Income Ratio
A financial metric comparing earnings to another element, such as sales or assets, to assess profitability or performance.
Partnership Agreement
A legal document that specifies the terms and conditions under which a partnership operates, including profit sharing and decision-making processes.
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