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The optimal amount of social regulation occurs where the marginal benefit of such regulation
Contract
A contract that is legally enforceable and entered into by two or more parties.
Unenforceable
Describes a contract or provision that is null and incapable of being upheld or enforced by law.
Principal
The original sum of money borrowed in a loan, or the amount of the investment.
Negotiated
The process of discussing to reach an agreement in business, employment conditions, or contracts.
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