Examlex
________ refers to the tendency for people to take greater risks than individuals would alone.
Commerce Clause
A provision in the U.S. Constitution granting Congress the power to regulate interstate and international commerce, serving as a foundational element for federal laws affecting the economy.
State Tax
Taxes imposed by individual states on individuals, businesses, or property to generate revenue for state governments.
Interstate Commerce
Economic activities that cross state borders, governed by federal regulations to ensure free and fair trade among states.
Wholly-Owned Subsidiary
A company whose entire stock is held by another company, making it fully controlled by the parent company.
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