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Why Are More Small Businesses in Distribution Industries Than in Production

question 165

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Why are more small businesses in distribution industries than in production industries?


Definitions:

Agreement

A mutual understanding or arrangement between two or more parties outlining each party's rights and responsibilities.

Arbitration Ruling

An Arbitration Ruling is a binding decision made by an arbitrator or arbitration panel in a dispute resolution process outside of court.

Binding Arbitration Clause

A contract provision mandating that all disputes arising under the contract must be settled by arbitration.

Statute of Limitations

Laws that set the maximum time within which legal proceedings can be initiated after an event occurred which gives rise to the prosecution.

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