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Describe the Spacing Effect of mnemonic improvement.
Breach Duties
The failure to perform obligations or duties as prescribed in a contract or by law.
Credit Standing
An assessment or evaluation of an individual's or entity's ability to repay obligations or debts.
Sole Proprietors
Individuals who own and operate their business by themselves, having complete control and bearing ultimate legal and financial responsibility.
Asset
Anything of value owned by a person or company that can be used or sold to pay debts or generate income.
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