Examlex
List five types of information referenced in the text that articles of partnership usually include.
Market Outcome
The result of all the buying and selling activities within a particular market, including price levels and quantities traded.
Equitable
Equitable refers to something characterized by fairness, impartiality, and justice, particularly in the way people are treated or decisions are made.
Market Failure
When the free market's distribution of goods and services is inefficient, it typically results in a reduction of societal welfare.
Inefficient Allocation
A situation where resources are not used in the best possible way, often leading to waste or unmet needs.
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