Examlex
Choose the one most appropriate answer for each.
-meristems
Public Policy
A course of action or inaction chosen by public authorities to address a given problem or interrelated set of problems.
Illegal Terms
Provisions in a contract or agreement that are not lawful or that violate legal statutes.
Pass-through Entity
A business structure where the entity itself pays no taxes on the business income, but this income is passed through to the individual owners, who pay personal income tax on it.
Taxpaying Entity
An individual, a company, or an organization that is legally obligated to pay taxes to a governmental authority.
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