Quotient of Lipschitz functions is lipschitz

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I wanna show that the quotient of two Lipschitz functions is Lipschitz. I feel like it should fall out with some kind of basic inequility argument but am struggling with the details. Anyone wanna help?

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$f(x)\equiv 1$ and $g(x)=x$ are Lipschitz, but $f(x)/g(x)=1/x$ is not.