Examlex
What is the main purpose of patent law?
Auction Market
A market where buyers and sellers enter competitive bids simultaneously; the price is determined by the highest bid received by the seller.
Articles of Partnership
Legal documents that outline the terms, conditions, and responsibilities of each partner in a partnership business.
Foresight
The ability to anticipate future trends, events, or needs and plan actions accordingly.
Corporation
A legal entity that is separate and distinct from its owners, with the ability to own assets, incur liabilities, and sell stock.
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