Examlex
The sum of all value added equals the sum of all final products and services produced.
Manufacturers
Entities involved in the process of converting raw materials into finished products through various means, including physical, labor-intensive, or mechanical processes.
Distributors
Entities that buy products directly from manufacturers and sell them to retailers or end consumers, acting as intermediaries in the supply chain.
Legal Consideration
An essential element in contract law that refers to something of value exchanged between parties as part of an agreement, which is necessary for the contract to be enforceable.
Promissory Estoppel
A legal principle that enforces a promise in absence of a formal contract, provided individuals have acted in reliance on that promise.
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