Joint Liability

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This depicts the responsibility of a couple of or more partners to be responsible for fulfilling a liability or pay back a debt. It enables involved parties to share associated risks that are involved with taking on debt and even provide cover in lawsuits as and when required.

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Absolute Advantage

What is an Absolute Advantage? Absolute advantage is one of the key macroeconomic terms, which is based on the principles of Capitalism and is often utilised i......
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