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-The figure above shows two Lorenz curves, one before income redistribution and one after income redistribution. The difference between the two curves equals
Contract Voided
A legal declaration that a contract is null and void and, therefore, unenforceable as though it never existed.
Partial Inability
A condition where an individual or entity is limited in some capacity but is not completely incapacitated.
Performance Impracticable
A doctrine under which a party may be released from a contract due to the occurrence of unforeseen events making performance impossible or extremely burdensome.
Allocate Production
A business or economic strategy that involves distributing or assigning resources or production efforts in a specific way, often to maximize efficiency or meet certain goals.
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