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Sovereign Community - ANSWER-A legal concept stating that the courts in a country represent the country's laws, and their decisions cannot be reversed by the decision of courts in other countries. Legal concept that affects foreign countries Eminent Domain - ANSWER-the right of a government or its agent to take away private property for public use, with payment of compensation. Absolute privilege - ANSWER-An absolute defense to an otherwise defamatory statement because of the venue or ...

Deca Entrepreneurship Exam Questions and Answers 100% Solved Sovereign Community - A legal concept stating that the courts in a country represent the country's laws, and their decisions cannot be reversed by the decision of courts in other countries. Legal concept that affects foreign countries Eminent Domain - the right of a government or its agent to take away private property for public use, with payment of compensation. Absolute privilege - An absolute defense to an otherwise defa...

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DECA ENTREPRENEURSHIP NEW UPDATE WITH COMPLETE EXAM OVERVIEW GUIDE, LATEST ANSWERS 2023 RATED A+. Describe the nature of legally binding contracts - A contract is an agreement between 2 or more parties to do, or refrain from doing, some action. A contract must have 3 things: an offer, acceptance, and consideration. One party must make a clearly stated offer to another party. The offer must be accepted. Something of value must be promised in exchange for a specific action or non-action. Des...

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