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In Georgia State Licensing Board for Residential and General Contractors

question 417

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In Georgia State Licensing Board for Residential and General Contractors v. Allen the Georgia Supreme Court held that an injunction would be issues against the Board against its licensing process as contractors had not be properly informed of new requirements.


Definitions:

Plastic

A synthetic material made from a wide range of organic polymers that can be molded into shape while soft, and then set into a rigid or slightly elastic form.

Wood

The hard, fibrous structural tissue found in the stems and roots of trees and other woody plants.

Cost Function

A mathematical relationship that describes how the costs incurred by a firm vary with the level of output or activity.

Output

Refers to the quantity of products or services produced by a business, industry, or economy.

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