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a legal contract (verbal or written) between a minimum of two and an unlimited maximum (as changed, by law, in 2003), who contribute capital, goods or expertise to a lawful business, with the purpose of making a profit.
company that has sold the rights to operate a business under its name to the franchisee
the profit/loss in a business after expenses have been deducted, but before tax.
negotiations between workers' representatives and management to resolve conflicts.