Examlex
Parallel circuits have more than one path for current flow.
Moral Hazard
A situation where one party is more likely to take risks because another party bears the consequences of those risks.
Specific Purpose
A clearly defined and precise goal or objective that a project, action, or entity aims to achieve.
Market Signaling
Actions taken by buyers and sellers to communicate quality in a world of uncertainty.
Education
The systematic process of facilitating learning, or the acquisition of knowledge, skills, values, and habits.
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