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A partnership is not dissolved by the death of a partner.
Dual Labor Market
A theory of the labor market that suggests it is divided into two segments: the primary market, which offers good jobs and the secondary market, known for poor working conditions and low pay.
Primary Market
A financial market where new securities are issued and sold for the first time to investors.
Secondary Market
A marketplace where investors buy and sell securities or assets from other investors rather than from issuing companies directly.
Primary Labor Market
The segment of the labor market characterized by high-skilled, high-wage jobs with good working conditions and benefits.
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