Examlex
In science and in a criminal trial,who has the "burden of proof"-that is,the obligation to demonstrate that its claims are correct?
Government Regulations
The laws and rules established by governments to control or guide specific economic activities or markets.
Lending Standards
The set of criteria used by banks and financial institutions to determine the creditworthiness and eligibility of prospective borrowers.
Competitive Markets
Markets characterized by many buyers and sellers where no single participant can significantly influence the price of goods or services.
Externalities
Effects of a transaction or activity on third parties who are not directly involved, which can be either beneficial (positive externalities) or harmful (negative externalities).
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