Describe Tides in an Open Ocean Basin

question 11

Essay

Describe tides in an open ocean basin.

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Definitions:

Profits Share

An agreement or policy where a portion of a company's profits is distributed to employees, shareholders, or partners.

Partnership Act

Legislation that outlines the rights and responsibilities of partners in a business partnership.

Profits

The financial gain realized when the revenue generated from business activities exceeds the expenses, taxes, and costs associated with sustaining the operations.

Carrying On Business

The ongoing conduct of commercial activities with some degree of regularity or continuity for profit.