Examlex
Explain how the basic economic questions are answered in capitalistic and command economies.
Vicarious Liability
Vicarious Liability is a legal principle that holds one party responsible for the actions of another party, under certain conditions, such as an employer being liable for the actions of an employee.
Truck Driver
A professional operator of a truck or large vehicle, responsible for transporting goods and materials from one location to another.
Nonprofit Corporation
An organization formed for purposes other than generating a profit, where none of its income is distributed to its directors or officers.
Ultra Vires
Acts or decisions made by an entity that are beyond the powers conferred by its constitution, charter, or laws.
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