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The Primary Objective of Economic Deregulation in the United States

question 49

True/False

The primary objective of economic deregulation in the United States was to make its domestic transportation systems more efficient by increasing marketplace competition within the transportation and logistics industry and increasing economic regulation.

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Definitions:

Negotiation

The process of discussing something with others to reach a mutual agreement.

FTC

stands for the Federal Trade Commission, a U.S. government agency tasked with consumer protection and the enforcement of antitrust laws to promote competition.

Holder in Due Course

A party that has acquired a negotiable instrument in good faith and for value, and thus has certain rights to enforce the instrument free from many defenses.

Bankruptcy Protection

A legal status that provides a person or entity temporary relief from creditors and lawsuits while reorganizing or discharging debts under the bankruptcy code.

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