Examlex
Universal service means that one company provides service to all consumers, everywhere.
Supreme Court
The highest court in a country or jurisdiction, often having the final say in matters of constitutional and federal law.
Voidable
Referring to a contract or transaction that may be declared invalid by one party, typically due to factors like misrepresentation or undue influence.
Certified Cheque
A means of transferring funds by cheque where payment is, in effect, guaranteed by the bank.
Legal Tender
Officially recognized currency that can be used to settle debts, public charges, taxes, and dues.
Q22: Economists cite some beneficial effects of price
Q25: All externalities are detrimental.
Q60: Land on both sides of the border
Q102: What are the implications of the law
Q104: Direct controls work if<br>A)there is vigilance and
Q163: To understand most of today's economic activity
Q185: In a competitive market without intervention, pure
Q192: The price elasticity of demand for an
Q206: Cartels are relatively rare because<br>A)they are illegal
Q221: A natural monopoly market is characterized diseconomies