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All of the Following Are True Regarding Business Customs in South

question 75

Multiple Choice

All of the following are true regarding business customs in South Africa except:


Definitions:

Partnership

A legal relationship between two or more persons for the purpose of carrying on a business with a view to profit.

Murdered

The unlawful premeditated killing of one human being by another.

Collect Proceeds

To receive payment or benefits, typically from an insurance policy, investment, or similar financial sources.

Insurance Policy

A contract between an insurer and a policyholder that defines the terms of insurance coverage, including the obligations, liabilities, and benefits.

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