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Leakages in the Circular Flow Consist of

question 27

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Leakages in the circular flow consist of


Definitions:

Complete Restraint

A legal term referring to an agreement or clause that totally restricts a party's freedom or action.

Wrongful Interference

Actions that unlawfully disrupt or meddle in the business relationships or contracts between others, causing harm.

Goods

Tangible personal property that can be bought, sold, or exchanged, excluding money and intangible assets.

Qualified Privileges

Qualified Privileges are exemptions in defamation law that protect individuals from lawsuits when making statements in certain contexts, provided the statements were made without malice.

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