Examlex
An increase in the real interest rate does which of the following?
Corporations
Legal entities that are separate and distinct from their owners, providing limited liability, easy transferability of shares, and perpetual existence.
Joint Ventures
A business agreement between two or more parties to develop a new entity and new assets by contributing equity.
Common Laws
Laws that have developed through court decisions, traditions, and legal precedents rather than through legislative statutes.
Agency
A legal relationship in which one party (the agent) acts on behalf of another party (the principal) in dealing with third parties.
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