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Identify and briefly explain any three factors that intensify competitive pressures stemming from the threat that new firms will enter the industry.
Provincial Personal Property
Property other than real estate, such as cars, furniture, or jewelry, that is subject to the laws of a specific province in Canada.
Security Interest
A legal claim or lien on assets, which secures payment or performance of an obligation to the asset's holder.
Bona Fide Purchaser
A legal term for a person who acquires property in good faith and without notice of any other party's claim to the title of that property.
Automobile
A road vehicle, typically with four wheels, powered by an internal combustion engine or electric motor, used for transportation.
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