Examlex
A life insurance contract involves an intended beneficiary.
Selling
The process of promoting and transferring goods or services to customers in exchange for payment.
Administrative Expenses
Costs related to the general operation of a business, including salaries of administrative personnel, office supplies, and other non-production-related expenses.
Cash Receipts
The collection of money, including coins, notes, checks, and electronic transfers, by a business from its customers or other sources.
Cash Available
Refers to funds that a company or individual can immediately use or access for payments, investments, or other financial needs.
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