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Why is it difficult to set up an effective world government?
Net Capital Losses
The result of selling a capital asset for less than its purchase price, which can be used to offset capital gains for tax purposes.
Corporations
Business entities that are legally recognized as individual entities, separate and distinct from their owners.
Par Value
The face value of a bond or stock as stated by the issuing company, which does not necessarily reflect its market value.
Earnings Distributed
Refers to the portion of a company's net income that is paid out to shareholders as dividends.
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