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Juanita is thrilled to be taking human development next semester from Dr. Ada, who won the "best teacher award" 5 years ago, but she is worried as this terrific teacher is now age 68. Having read this chapter, what should a friend suggest?
Long-Term Equity
Investments in stocks or other equity instruments that are intended to be held for a period longer than one year for potential appreciation in value.
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.
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