Examlex
Torts are private wrongs against persons or property.
Peak Efficiency
The highest level of operational performance where resources are utilized in the most effective way possible with minimal waste.
Barriers To Entry
Obstacles that make it difficult for new firms to enter a market, such as high initial investment, licensing requirements, and access to technology.
Patents
Legal documents granting an inventor exclusive rights to their invention, preventing others from making, using, or selling the invention for a certain period of time.
Pharmaceutical Companies
Organizations dedicated to developing, producing, and marketing drugs or pharmaceuticals licensed for use as medications.
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