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Criminal law

In the field of finance, it is crucial to understand the concept of criminal law. This branch of law deals with actions that are considered harmful to society, such as rape, murder, and robbery. These transgressions are prosecuted by government authorities, and the offender may face penalties such as fines or imprisonment. It is essential to have a grasp of criminal law and its implications in the world of finance.

Leasehold

A lease is a legal agreement that grants a tenant the right to use and enjoy a property for a designated period of time. This interest in real property is known as a leasehol...

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Insured pension plans

An insurance company is responsible for managing employee benefit plans, which are designed to provide financial security to employees. These plans offer a variety of benefi...

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Defensive medicine

In the field of finance, there is a term commonly known as "defensive medicine". This refers to the practice of conducting additional procedures and tests for a patient, bey...

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Shortage

A crucial concept in finance is the notion of a deficit, which arises when a family is left with insufficient funds following the passing of the policyholder. This occurs whe...

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