Examlex
Which of the following is NOT an economic function of government?
Statute of Frauds
A legal provision requiring certain types of contracts to be written and signed to be enforceable.
Discharged Debt
A debt that has been fully paid off or legally settled, releasing the debtor from further obligations.
Bankruptcy
A legal process for individuals or businesses that cannot repay their outstanding debts, allowing them to be relieved of their debt obligations under the protection of law.
Industry Standards
Industry standards refer to the established norms and technical specifications followed by companies in a particular sector to ensure quality, safety, and interoperability.
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