Examlex
Match the following:
-Rationalization
Mutual Agency
A principle in partnerships where each partner has the authority to bind the partnership to contracts within the scope of the business's operations.
Limited Life
A term that refers to the finite existence of a business entity or an asset's useful life.
Store Equipment
Assets such as shelving, registers, computers, and other machinery used in the operation of a retail store.
Accounts Payable
Short-term liabilities representing the amount a company owes to suppliers or creditors for goods and services received but not yet paid for.
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