Examlex
Conference committees are:
Profit
The financial gain obtained when the amount earned from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity.
Consideration
An item of worth provided by each party involved in a contract, motivating them to agree to swap obligations reciprocally.
Ownership Right
The legal right to possess, use, control, and dispose of property or an asset.
Possessory Right
This term refers to the right of an individual or entity to possess or control a certain property or asset.
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