Examlex
In the 1980s, many economists believed that one problem in Latin America was a lack of government intervention in markets and recommended that the government seize ownership of many struggling companies.
Liable
Having legal responsibility or obligation, often used in the context of owing money or being responsible for specific actions or outcomes.
Malpractice
Professional misconduct or failure to exercise adequate skill, leading to loss or injury to a patient or client.
State Corporate Laws
These are laws specific to a particular state within the United States that govern the formation, operation, and dissolution of corporations within that state.
Incorporate
The process of legally declaring a corporate entity to be separate from its owners, providing protections such as limited liability.
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