Examlex
Price wars or other fierce reactions by competitors are examples of:
Constitution
The system of fundamental principles or established precedents according to which a state or other organization is governed.
Dividends Payable
represents a company's obligation to pay its shareholders a declared amount from its earnings.
Liability
A financial obligation or amount owed by a business or individual to others, which must be settled in the future.
Goodwill
An intangible asset that arises when a business is purchased for more than the fair value of its net identifiable assets.
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