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Match these items. Match the items in the left column to the items in the right column.

1. antitrust laws
A. rules that prevent the creation and behavior of monopolies

2. legal contract
B. agreement enforceable by law

3. liability
C. legal obligation to repay a debt

4. property rights
D. privileges of deciding how resources are used


Sagot :

Final answer:

Antitrust laws prevent monopolies, legal contracts are enforceable agreements, and property rights define ownership and earnings in business.


Explanation:

Antitrust laws: Laws that prevent the creation and behavior of monopolies. They give the government power to block certain mergers and break up large firms.

Legal contract: An agreement enforceable by law. It outlines the terms and obligations between parties.

Property rights: Legal norms that define who can own what, what can be done with the property, and how businesses generate earnings.


Learn more about Antitrust laws and legal contracts in business here:

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