Examlex
Select one of the three conceptions of legal virtue (standard, justice, character) and explain in what specific ways it lacks the deliberative virtues between lawyers and their clients recommended by Gutmann. Do you agree with Gutmann's view that conception of legal virtue is incomplete without the deliberative virtues? Why or why not?
Equilibrium
A state in which market demand is equal to market supply, with no external forces causing disruption, leading to a stable price and quantity.
MPs
Members of Parliament, individuals elected to represent constituencies in the legislative body of a parliamentary government.
Wage Rate
The standard amount of compensation paid to employees per unit of time worked, such as an hour or a year.
Firms
Businesses or companies that produce goods or provide services in exchange for monetary profit.
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