Examlex
Why might the returns on assets of two firms in the same industry not be useful in comparing the firms?
Revoke
To officially cancel or withdraw an offer, license, right, or permission that has been granted.
Letter of Credit
A financial document issued by a bank guaranteeing a buyer's payment to a seller within a specified timeframe and under agreed conditions.
Formal Contract
A contract that by law requires a specific form, such as being executed under seal, to be valid.
Unilateral Contracts
Contracts in which one party makes a promise in exchange for the other's performance, which fulfills the contract.
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