Examlex
Where do the residual powers to deal with matters not specifically listed as being with the jurisdiction of the federal or provincial governments lie?
Coase Theorem
A principle that asserts that if property rights are clearly defined and transaction costs are low, parties will negotiate to correct externalities without government intervention.
Negotiations
The process by which parties with differing interests arrive at a mutual agreement or compromise through discussion and bargaining.
Liability Rule
A legal framework in which an infringer must compensate the owner for unauthorized use of property, typically applied in cases of copyright or patent infringements.
Injunction
A court order forbidding the continuation of behavior that leads to damages.
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