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To incentivize R&D,the government proposes to take on a company's costs if its product does not succeed.This would lead to
Repealing
The action of revoking or nullifying an existing law or regulation.
Stamp Act
A 1765 British Act imposing a tax on all paper documents in the American colonies, leading to widespread protests and contributing to the American Revolutionary War.
Legislative Acts
Laws or statutes that have been formally enacted by a legislative body, such as a parliament or congress.
Townshend Acts
A series of laws passed by the British Parliament in 1767, imposing taxes on the American colonies for items like tea, glass, and paper.
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