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If the United States is to reduce poverty by using a negative income tax, the guaranteed income should be
Statute of Frauds
A legal principle requiring certain contracts to be in writing and signed by the party to be charged, to be enforceable.
Executory Contracts
Contracts under which both parties have obligations that are not yet fulfilled.
Technical Meaning
Specific definitions or interpretations of terms and concepts unique to a particular field or discipline, distinct from common or layperson understandings.
General Rules
Foundational principles or guidelines designed to dictate behavior or regulate procedures in various contexts.
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