Examlex
Explain why a private golf club might charge (1) an initiation fee, (2) an annual membership fee, (3) rental fees for carts on the golf course, and (4) dining fees for eating a required number of meals in the club's restaurant. (Hint: Use the concepts of an individual's downward-sloping demand curve and consumer surplus)
Crime
An action or omission that constitutes an offense and is punishable by law.
Illegal Substance
A drug or other material that is forbidden by law to possess, use, or distribute.
Agreement
A mutual understanding or arrangement between two or more parties defining each party's rights and obligations.
Courts
The institutions responsible for interpreting and applying the law in legal cases, both civil and criminal.
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