Examlex
Which of the following are considered variable costs?
Contractual Relationship
A legal bond formed between parties through a contract, entailing mutual rights and obligations.
Partnership Registration
The process of legally declaring a partnership to ensure it's recognized by law and able to conduct business.
Limited Liability
A legal structure where a person's financial responsibility is bounded to the amount invested in a business, protecting personal assets from company debts.
Professional Duties
Obligations that individuals in certain professions must follow based on standards of their profession and ethical guidelines.
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