Examlex
When Congress passes a statute with language such as, "The Secretary shall prescribe such regulations as he may deem necessary," the regulations ultimately issued for that statute are
Business Partners
Individuals or entities that collaborate with one another in business endeavors, sharing responsibilities and benefits.
Profits
The financial gain obtained when the revenues generated from business activities exceed the expenses, costs, and taxes involved in sustaining the activity.
Losses
Reductions in asset value, profit, or revenue, often indicative of a company's underperformance or adverse events.
Sole Proprietorship
A form of business in which an individual pursues business for a profit.
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