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Termination Clauses in a Contract – Definition, Types, Implications
The cornerstone of any commercial agreement is a contract that has been validly executed in writing. They are critical to business relationships and provide a legal framework that captures the rights and obligations of the signatory parties. Consequently, commercial contracts…
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Know Your Taxes (Basics)
TAX A tax is a compulsory fee or financial charge levied by the government on the income, profits, occupation, property, transaction, etc. of the taxpayer. It is everyone’s contribution to the fund for making common public expenditures. Basically, taxes are…
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