Examlex
Globalization critics argue that the decline in unskilled wage rates is due to the migration of low-wage manufacturing jobs offshore and a corresponding reduction in demand for unskilled workers.
Personally Insolvent
A financial condition where an individual is unable to meet their debts or liabilities with their available assets or income.
Capital Balance
The amount of money that a business or individual has invested in an asset or enterprise, reflecting the equity or ownership interest.
Partnership
A legitimately structured partnership where two or more persons share both the administrative roles and the profits.
Business For Profit
An organization engaged in commercial, industrial, or professional activities with the aim of generating income exceeding expenses.
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