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Briefly Explain the Phase Model of Globalization and List Its

question 23

Essay

Briefly explain the phase model of globalization and list its stages in sequential order.


Definitions:

Voidable

Describes a legal agreement that could be declared invalid by one of the parties due to certain deficiencies or circumstances.

Illegal

Actions or activities that are expressly prohibited by law and subject to penal consequences.

Court's Use

Refers to the application and implementation of law and legal procedures by a court.

Notional Severance

The theoretical division or separation of property, especially in the context of legal judgments or estate planning, without an actual physical division.

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