BILL OF SALE Definition

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BILL OF SALE is a written statement attesting to the transfer (sale) of goods, possessions, or a business to a buyer.

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ACCOUNTS RECEIVABLE is a current asset representing money due for services performed or merchandise sold on credit.

CORE COMPETENCY is a specific factor that a business believes as being central to the way it, or its employees work. A core competency normally fulfils three key criteria:

  • It provides customer benefits
  • It is not easy for competitors to imitate or duplicate
  • It can be leveraged widely to many products and markets.

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