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Which of the following would be considered an advantage of global competition?
Title
The legal right to own, possess, or use property.
Consequential Damages
Compensation for losses that do not directly flow from an act but result indirectly from it.
Liability
The state of being legally responsible for something, particularly in the context of debts or legal judgments.
Contract
A legal commitment made between two or more participants that is upheld by law.
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