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What Is It Called When Competing Companies Locate Next to Each

question 196

Essay

What is it called when competing companies locate next to each other? Why do they do this?


Definitions:

Indemnification

The process by which one party agrees to compensate another for any loss or damage that has occurred or may occur.

Fraud

A wrongful statement, action, or concealment pertinent to the subject matter of a contract knowingly made to damage the other party.

Record of Transactions

A detailed log or document that keeps track of all the transactions made within a certain period.

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