Examlex
A defendant who engages in setting off fireworks at a fully licensed Fourth of July show is liable for harm that results from the activity only if the plaintiff proves the harm was foreseeable
National Cooperative Research Act
Legislation that enables companies to collaborate on research and development efforts without immediately being subject to antitrust laws.
Joint Ventures
Business arrangements where two or more parties agree to pool their resources for the purpose of accomplishing a specific task or project.
Research and Development
The systematic investigation and innovation aimed at the discovery and application of new knowledge, typically to create new products or improve existing ones.
Restraint of Trade
Legal term referring to any activity or agreement that restricts or impedes free competition in the market, often deemed unenforceable or illegal.
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