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The main benefit of fermentation is that it preserves a product.
Regulatory
Relates to the imposition of rules, laws, and guidelines developed by governmental or regulatory bodies to control activities within specific sectors.
State Licensing Statute
Legislation enacted by a state that defines the requirements and standards for obtaining a professional license to legally work in a specific field within that state.
Fair Market Value
The estimated price at which an asset would trade in a competitive auction setting, reflecting its true market worth.
Revenue
The total amount of income generated by the sale of goods or services related to the company's primary operations.
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