Examlex
What are the major market failures that imply a potential role for state intervention in financial markets?
Joint Venture
An association between two or more parties wherein the parties share profits and management responsibilities with respect to a specific project.
Community Fair
A public event organized within a community, often showcasing local arts, crafts, and culture, and providing entertainment and activities for the members of the community.
Management Rights
The prerogatives and authority granted to employers to operate and manage their business, including decisions about hiring, work assignments, processes, and disciplinary actions.
Double Taxation
The imposition of taxes on the same income, asset, or financial transaction at two different levels of government, such as both state and federal taxes on the same income.
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