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What Is the Significance of the Age of Majority in Relation

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What is the significance of the age of majority in relation to legal contracts?


Definitions:

International Business

Commercial transactions that occur across national borders, including trade, investments, and other forms of economic activity.

AIDS Epidemic

A global public health crisis originating in the late 20th century, caused by the spread of the Human Immunodeficiency Virus (HIV) and leading to Acquired Immunodeficiency Syndrome (AIDS).

Economic Growth

A rise in the output of goods and services within an economy over a specified period, usually quantified using Gross Domestic Product (GDP).

North American Free Trade Agreement

A trilateral trade agreement between Canada, Mexico, and the United States designed to reduce trade barriers and increase economic activity among these nations.

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