Examlex
Incentives are important in determining people's willingness to invest in physical capital,human capital,and technical knowledge.
Ratification
The formal approval of an agreement or treaty by signing or giving formal consent, making it officially valid.
Minor
An individual under the age of legal competence, typically under 18 years, with certain restrictions on their legal rights and responsibilities.
Doctrine of Liability
Legal principles that determine the circumstances under which an individual or entity can be held legally responsible for an action or inaction.
Tort Connected
Related to civil wrongs that cause someone else to suffer loss or harm, resulting in legal liability for the person who commits the tortious act.
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