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Accounts Payable
The amounts owed by a business to its suppliers or creditors for goods and services received on credit.
Noncompete Clause
A provision often included in a contract to purchase a business that restricts the seller from entering the same type of business within a specified area for a certain amount of time.
Intellectual Property Contract
A legal agreement that outlines the terms of use, distribution, and ownership of intellectual property between two parties.
Similar Business
A company that operates in the same industry or offers similar products or services as another business.
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