Examlex
Big emerging markets share common traits.One of the traits common to BEMs is that they have significant populations.
Anti-Trust Laws
Legislation aimed at promoting competition and preventing monopolies by regulating anti-competitive practices.
Freedom of Contract
The principle that individuals have the liberty to enter into agreements as they choose without unjust government interference.
Noncompetition Clause
A provision in a contract that prohibits one party from competing with another party for a certain period of time and within a certain geographic area.
Legitimate Business Purpose
A rational, honest intention or objective behind a business action or decision, often considered in legal contexts to validate transactions.
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