Examlex
Give a modern-day example of the idea of checks and balances within the federal government.
Incorporated Professionals
Incorporated Professionals are individuals who have formed a corporation for the purpose of practicing their profession, granting them certain legal and financial benefits.
Liability
Legal responsibility for one's actions or omissions, potentially leading to civil duty or financial compensation.
Tort
A civil wrong, other than breach of contract, that causes harm or loss, resulting in legal liability for the person who commits the tortious act.
SEC
The U.S. Securities and Exchange Commission, a federal agency responsible for enforcing federal securities laws and regulating the securities industry.
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