Examlex
Explain why we must take into account changes in business inventories when calculating GDP.
Contractual Capacity
The legal ability to enter into a binding contract, typically requiring parties to be of a certain age and sound mind.
Negotiation
The process whereby two or more parties discuss and attempt to reach a mutual agreement on matters of common interest.
Forgery
The act of falsely making or altering a document with the intent to deceive or defraud.
Negotiable Instrument
A document guaranteeing the payment of a specific amount either on demand or at a set time, with the instrument being transferable between parties.
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