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Suppose the government sets a particular price in the market for gold,which results in an excess supply.In this situation,
Formed
The process of creating or establishing something, often referring to the formation of a legal or structured entity such as a company or agreement.
Advantages and Disadvantages
A consideration of the positive and negative aspects of a particular decision, action, or strategy.
Respondeat Superior
A legal doctrine holding an employer or principal legally responsible for the wrongful acts of an employee or agent, under certain conditions.
Vicarious Liability
A legal principle that holds one party responsible for the actions of another under certain conditions, typically within employment contexts.
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