Examlex
A witness's prior consistent statements cannot be used to bolster his/her testimony.
Tax Rate
The percentage at which an individual or corporation is taxed, varying according to the amount of income or profit made.
Unrealized Gain
Represents the increase in value of an investment or asset that has not yet been sold for cash.
Commercial Substance
A concept in accounting that a transaction has commercial substance if it significantly changes the economic circumstances of the entities involved.
Joint Venture
A business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task or business activity.
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