Examlex
What type of intermediary buys the product from the manufacturer then resells it to other businesses?
Proprietary Income
Income generated from owning a business or holding exclusive rights to a product or service.
Government-Run Businesses
Enterprises or organizations that are owned and operated by the government rather than by private individuals or other businesses.
Personal Income Tax
A tax levied on the taxable income of individuals, households, and unincorporated firms.
Taxable Income
The portion of an individual's or corporation's income that is subject to taxes, determined by subtracting allowable deductions from gross income.
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