Examlex
A state regulation that does not conflict with a federal regulation may still be preempted by federal action.
Child Care
The care and supervision of a child or multiple children at a time, whose ages can range from two weeks to eighteen years. Child care is the action or skill of looking after children by a day-care center, nannies, babysitter, teachers, or other providers.
Private Goods
Products and services that are exclusive and distinctly owned, with their use limited to the owner or individuals who have permission.
Corporate Form
A business structure where owners have limited liability, and the entity is recognized legally as separate from its owners.
Limited Liability
A legal structure for businesses that limits the personal financial responsibility of the owners for the company's debts and obligations.
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