Examlex
A parsec is
I. a unit of length used in astronomy
II. 2.06 × 105 AU
III. the distance to an imaginary star whose stellar parallax is one arc second
IV. 3.26 light years
V. the longest unit of length in astronomy
Trusts
Legal arrangements where one party, known as the trustor, grants another party, the trustee, the right to hold title to property or assets for the benefit of a third party, the beneficiary.
Market Competition
The rivalry among companies to attract customers and gain market share by offering better products, services, and terms.
Bid Rigging
An agreement among firms to not bid against one another or to submit a certain level of bid.
Price Fixing
A restraint of trade in which two or more competitors agree to set prices for a product or service.
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