Examlex
An example of a discretionary fixed cost for a clothing manufacturer is
Contract Law
The area of law that deals with the creation and enforcement of agreements between parties, outlining the legal obligations and duties arising from agreements.
Agency Relationship
A fiduciary relationship in which one party (agent) acts on behalf of and under the control of another party (principal) in dealing with third parties.
Sales Representative
A person employed to sell products or services for a company, often directly to customers.
Percent Discount
A reduction in price, usually calculated as a certain percentage of the original price.
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