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Case 3-2
Rodney owns a computer that he uses to work,keep in touch with friends and family,watch movies,listen to music,and use the Internet.
-If Rodney wants to record music files onto a CD,he needs to make sure that his operating system has CD-____ capabilities.
Stock
Represents ownership in a corporation, entitling the holder to a share of the company's profits and assets.
Right Of First Refusal
A contractual right that gives its holder the option to enter a business transaction with the owner of something, before the owner is entitled to enter into that transaction with a third party.
Anticipatory Repudiation
A declaration by one party to a contract of their intention not to fulfill their future obligations as agreed.
Dissolution
The first stage in the termination of a partnership.
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