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A special purpose vehicle is a subsidiary company created by a parent company to undertake specific projects or transactions. SPVs can be used for a variety of reasons, including asset securitization, risk management, or to circumvent regulatory hurdles. The fundamental premise behind SPVs is that they allow the parent company to isolate financial risk, ensuring that any liabilities remain confined to the SPV and do not affect the parent company's balance sheet.


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Historically, farming was labor-intensive, relying heavily on manual work and simple tools. The advent of the Industrial Revolution marked the beginning of mechanization in agriculture. Simple horse-drawn plows evolved into modern tractors that can perform various tasks, from tilling the soil to planting seeds. Tractors serve as the backbone of contemporary farming, offering unmatched versatility and efficiency. With the ability to pull numerous attachments and perform multiple functions, tractors are indispensable for modern farmers looking to optimize their operations.


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