Examlex
The goal of a company in the growth life-cycle stage should be to maximize dividends to shareholders.
Depreciation
The reduction in the value of an asset over time, particularly due to wear and tear.
Ratify
To formally approve or confirm an agreement or treaty, making it officially valid.
Misrepresentation of Age
The act of intentionally providing a false age or date of birth, usually for the purpose of obtaining certain rights or privileges not available to one's true age.
Incompetent Person
Refers to an individual who is legally declared unable to handle their own affairs due to mental incapacity or illness.
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