Examlex
What form of horticulture involves working the land for a short time, then leaving it idle for a few years?
Adverse Selection
A situation where asymmetric information leads to the selection of poor risks, often seen in insurance markets.
Pre-contractual Problem
Issues that arise before the formation of a contract, often relating to the disclosure of information or negotiation terms.
Incentive Compensation
A form of pay linked to an employee's performance, designed to motivate and reward that performance.
Effective
Producing a decided, decisive, or desired effect, often measuring the degree of success or efficiency of an action or item.
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