Examlex
Which of the following is true of training and development?
Externalities
Financial repercussions impacting parties who are not directly involved, which may manifest as either beneficial or detrimental outcomes.
Sole Proprietorship
A business owned and operated by one person, where there is no legal distinction between the owner and the business entity.
High-Coupon Bonds
Bonds that offer interest rates significantly above the market average to attract investors despite potential risks.
Low-Coupon Bonds
Bonds that offer a lower interest rate compared to other bonds on the market.
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