Examlex
"The government should do all it can to slow the process of global warming." Is this a positive or a normative statement? Explain your answer.
Sole Proprietorship
A business structure where a single individual owns, operates, and is responsible for all aspects of the business.
Pre-Owned Auto
A previously owned vehicle that is sold in the automotive market, typically having one or more prior owners before the current transaction.
Good Faith
Good faith denotes honesty or sincerity of intention in fulfilling one's obligations or transacting business.
Franchisor
An individual or company that grants the license to third parties to conduct business under its trademark, business model, and brand.
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