Examlex
Which of the following is an effect of a minimum wage law that establishes a wage floor above the current market clearing wage?
Reimbursement
The process of compensating someone for out-of-pocket expenses incurred on behalf of another party.
Strict Liability
A legal principle where an individual or entity is responsible for damages or harm caused by their actions, regardless of negligence or intent.
Inherently Dangerous
Refers to activities, substances, or products that possess potential risks or harm that cannot be entirely mitigated through reasonable care or precautions.
Substantially Departed
A term describing a significant deviation or departure from agreed-upon terms or expectations in a legal or formal context.
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