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What is money laundering in Costa Rica?
Money laundering in Costa Rica is the process by which the illicit origin of funds or assets obtained through criminal activities is hidden. It involves transforming dirty money into legitimate appearance to avoid detection of its illegal origin.
How are geographical non-compete clauses handled in sales contracts in Ecuador?
Geographic non-compete clauses are important to limit competition in specific areas. In Ecuador, the contract may include provisions that restrict a party from engaging in competitive activities within certain geographic locations and establish the duration and scope of such restriction. These clauses must be reasonable to be valid and enforceable.
What is Ecuador's position in relation to the right to protection of the rights of people in situations of human trafficking?
Ecuador recognizes and protects the right to protection of the rights of people in situations of human trafficking. Policies and programs are promoted to prevent, punish and eradicate human trafficking, as well as to provide protection and comprehensive assistance to victims. This includes access to support services, protection of your identity, access to justice and international cooperation in the fight against human trafficking.
What is the typical duration of a sales contract in Ecuador?
The duration of a sales contract may vary depending on the nature of the transaction. Some contracts are for a fixed period, while others may be for an indefinite period. It is essential to specify the duration of the contract and the conditions for its renewal or termination. Additionally, post-termination obligations, such as the return of goods or payment of outstanding balances, must be considered.
How is income generated from the ownership and operation of vessels taxed in the Dominican Republic?
Income generated from the ownership and operation of vessels in the Dominican Republic may be subject to specific taxes and fees related to navigation and maritime transportation.
What happens if the property is affected by force majeure or fortuitous event in Argentina?
If the property is damaged due to force majeure or unforeseeable events, the responsibility for repair falls on the lessor, unless otherwise agreed in the contract.
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