Examlex
A tariff results in a higher:
I. consumer surplus.
II. producer surplus.
III. government revenue.
Ownership
The legal right or interest that an individual or entity has in an asset or property.
Corporate Form of Organization
A legal structure for a business recognized as a separate legal entity from its owners, providing limited liability protection, and able to raise capital through issuing shares.
Limited Liability
A legal structure that limits the amount of financial risk and liability to the amount a person has invested in a company.
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