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a legally declared state where the business is unable to pay debts and the assets are sold to pay the creditors.
shareholders only receive their dividend if the business shows a profit.
a statement, usually written, in support of a person's character or worthiness; a personal...
levied as a certain amount per unit or kilogram or litre, for example, 50c per unit.
a part of a business cycle when business activity is slowing down.
a situation in which two or more companies each try to increase their own share of the market by...