Examlex
People who participate in an experiment, whose reactions or responses are observed as part of the experiment, usually to test the validity of a hypothesis, are called ________.
Common Law
A system of law based on precedent and customs, originating in England and used in countries that were once part of or influenced by the British Empire.
Limited Liability
A legal principle where an investor's financial liability is limited to a fixed sum, mostly the value of an individual's investment in a company or partnership.
Sole Proprietor
A business owned and operated by a single individual, without a legal distinction between the owner and the business.
Separate Legal Entity
A business entity that is legally distinct from its owners, meaning it can own property, incur debts, and be sued in its own name.
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