Examlex
A merger occurs when one business buys all or part of another business.
Legal Justification
The basis under law that explains or defends why an action is considered legal or right.
Cost-benefit
A systematic approach to estimating the strengths and weaknesses of alternatives used to determine the best option through the evaluation of costs and benefits.
Past Oriented
A perspective or approach that places emphasis on traditions, history, and values from the past in decision making and lifestyle.
Retributivist
A philosophy of punishment where the focus is on the offender receiving a punishment proportional to the crime committed, based on the principle of just desert.
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