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Why does society sometimes impose taxes on negative externalities?
Collective Bargaining
The negotiation process between employers and a group of employees aimed at reaching agreements to regulate working conditions.
Labour Relations Board
A government agency responsible for overseeing and enforcing labor laws and labor relations.
Mitigate Loss
Actions taken to minimize or reduce the adverse effects or damages resulting from a breach of contract or other wrongful acts.
Severance Pay
Compensation provided to an employee who is discharged from employment, typically based on the length of employment and the reason for termination.
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