Examlex
The degree of operating leverage for Williams Company is 2.The actual operating income is $14,000.If the company expects a 25% increase in sales,operating income should increase by $3,500.
Building Code
Regulations established by local governments detailing the standards for construction and safety of buildings and structures.
Petty Offense
A minor crime that is punishable by a small fine and/or imprisonment for less than six months in a jail.
Foreign Corrupt Practices Act
A United States law that makes it illegal for U.S. citizens and entities to bribe foreign government officials for business purposes.
Bribery
A corrupt and illegal activity in which a person offers, gives, solicits, or receives money, services, or anything of value to gain an illicit advantage.
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