Examlex
After about the age of _____, children begin to break away from concrete objects and specific examples with their thinking being based more on abstract principles, such as "democracy," "honor," or "correlation."
Tax Rate
The percentage at which income or property is taxed by a government.
Pretax Equilibrium
The market equilibrium that occurs before any taxes are applied to goods or services, reflecting the balance between supply and demand without tax-induced price distortions.
Employment-At-Will Doctrine
The employment-at-will doctrine is a legal principle that allows either the employer or the employee to terminate employment at any time without having to provide a reason, barring illegal discrimination.
Implied Contract
An agreement created by actions of the parties involved, but not written or spoken explicitly.
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