Examlex
Which one of the following economists has played a central role in the development of the "economics of collective decision making," better known as public choice analysis?
Partnership by Estoppel
A legal doctrine where a person acts or is treated as if they are a partner in a business, even though no formal partnership exists, leading to liability.
Written Partnership Agreement
A legal document outlining the terms, responsibilities, and profit-sharing mechanisms among partners in a business.
Legal Obligation to Indemnify
A requirement by law for one party to compensate another for losses or damages that have been incurred.
Co-owners
Individuals or entities who jointly own an asset or property, sharing the rights and responsibilities associated with ownership.
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