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The contract referred to in Question #16 above is:
Regulators
Individuals or groups that control, monitor, or maintain the norms in various systems, including financial, environmental, and social domains.
Secure Possession
The legal state or condition of having a firm ownership or control over property or goods, safeguarded against loss, damage, or theft.
Land
The surface of the earth not covered by water, considered as property and factor of production, it also includes natural resources like minerals, forests, and crops.
Townshend Acts
A series of British acts passed beginning in 1767 and 1768 relating to the British colonies in North America, imposing duties on the importation of certain goods, which led to widespread protest.
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