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Market failure
Government Regulation
Laws and rules imposed by government bodies intended to control or govern conduct and ensure compliance within various industries.
Advantage
Refers to a condition or circumstance that puts one in a favorable or superior position relative to competition or a given situation.
Corporation Formation
The legal process of creating a corporation, which involves filing necessary documents with a governmental entity, adhering to laws, and meeting statutory requirements.
By-laws
Internal rules governing the operation and management of an organization or corporation, typically adopted by its board or membership.
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