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When a bank makes loans with excess reserves, it
Common Law
A legal system based on precedents and judicial decisions rather than written statutes, predominantly found in the UK and former British colonies.
Intellectual Property
Rights that are derived from work in areas such as industry, science, literature, and the arts, reflecting intellectual efforts.
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Law in the form of legislation passed by Parliament.
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A distinctive sign or symbol used by a business to identify its products or services and differentiate them from competitors.
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