Examlex
Which of the following statements is false?
Economic Dominance
A situation where a company, product, or country has enough market power to influence market conditions or prices on a large scale.
Statutory Law
Laws and regulations enacted by legislative bodies at the federal, state, or local levels.
Judicial Precedent
A principle or rule established in a previous legal case that is binding or persuasive for a court when deciding subsequent cases with similar issues or facts.
Customs
The official department that administers and collects the duties levied by a government on imported goods, as well as the traditions and accepted practices within a society.
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