FIRM Definition

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FIRM is members of a business organization that owns or operates one or more establishments, e.g. a legal or accounting firm.

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EARNING CAPACITY is the net average earnings at a given moment in time: past, current or future.

DOCTRINE is a. something that is taught; b. a principle or position or the body of principles in a branch of knowledge or system of beliefs; c. a principle of law established through past decisions; d. a statement of fundamental government policy especially in international relations.

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