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Vertical integration is a good strategic option for a manufacturing company when
Common Law
A legal system in which judges interpret law and set precedent for subsequent interpretation and usage.
Stare Decisis
A legal principle that mandates courts to follow the rulings of previous cases in similar circumstances, ensuring consistency and predictability in the law.
Legal Code
A systematic collection of laws or statutes that are articulated in a comprehensive manner.
Diplomatic Immunity
The privilege granted to diplomats by which they are not subject to the laws of the host country, ensuring their safety and effectiveness.
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