Examlex
Which of the following is one of the key, defining distinctions between exchange relationships and communal relationships?
Confidential Documents
Papers or digital documents that contain sensitive information and are not to be shared with unauthorized persons.
Special-Interest Effect
The Special-Interest Effect is a phenomenon where a small group of individuals or entities, due to their strong interest, can influence legislation or regulations disproportionately to their size or importance in society.
Invisible Hand
A term coined by Adam Smith to describe how individuals' pursuit of self-interest in free markets leads to economic benefits for society as a whole.
Majority Voting System
A voting system in which decisions are made based on the preference of more than half of the voters, commonly used in elections and other decision-making processes.
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