QUALITATIVE INFORMATION Definition

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QUALITATIVE INFORMATION is information that is descriptive in nature, relating to, or involving quality or kind.

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PATENT is a legal form of protection that provides a person or legal entity with exclusive rights to exclude others from making, using, or selling a concept or invention for the duration of the patent. There are three types of patents available: design, plant, and utility.

PROFIT & LOSS ACCOUNT shows the net profit which is left after all relevant business expenses have been deducted.

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