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Encyclopedia > Market participant

The term market participant is used in United States constitutional law to describe a U.S. State which is acting as a producer or supplier of a marketable good or service. When a state is acting in such a role, it may permissibly discriminate against non-residents. This principle was established by the United States Supreme Court in Reeves Inc. v. Stake, 447 U.S. 429 (1980), in which the Court upheld South Dakota's right to give South Dakota residents preferential treatment in the purchase of cement produced at a cement plant owned and operated by the state. Constitutional law is the study of foundational laws that govern the scope of powers and authority of various bodies in relation to the creation and execution of other laws by a government. ... A U.S. state is any one of the 50 states (four of which officially favor the term commonwealth) which, together with the District of Columbia, form the United States of America. ... The Supreme Court Building, Washington, D.C. The Supreme Court Building, Washington, D.C., (large image) The Supreme Court of the United States, located in Washington, D.C., is the highest court (see supreme court) in the United States; that is, it has ultimate judicial authority within the United States... Court citation is a standard system used in common law countries such as the United States, United Kingdom, Canada, and Australia to uniquely identify the location of past court cases in special series of books called reporters. ... 1980 is a leap year starting on Tuesday. ... State nickname: The Mount Rushmore State Other U.S. States Capital Pierre Largest city Sioux Falls Governor Mike Rounds (R) Official languages English Area 199,905 km² (17th)  - Land 196,735 km²  - Water 3,173 km² (1. ... In the general sense, a cement (Latin caementum) is any material with adhesive properties. ...


The most ubiquitous example of a service offered by the individual states is the operation of public universities. Because the provision of higher education is deemed not to be a fundamental right, the individual states that have universities may charge higher tuition to out-of-state students. A public university is an institution of higher education that is funded by public means through a national or regional government. ... A fundemental right is often referred to the rigths a person has according to the constitution. ...


By contrast, discriminatory practices in the provision of non-marketable services, such as welfare, police protection, and primary education would violate the Privileges and Immunities Clause. Welfare - Wikipedia, the free encyclopedia /**/ @import /skins-1. ... Primary or elementary education consist of the first years of formal, structured education that occurs during childhood. ...


  Results from FactBites:
 
NZX: Market Participants (824 words)
A Market Participant is an organisation that has been accredited by NZX to participate in the markets provided by NZX (e.g.
By maintaining strong relationships with Market Participants and other Market Contributors, NZX is able to accommodate the needs of these clients and provide support where necessary.
Market Participants are governed by the NZX Participant Rules.
Encyclopedia: Market economy (1979 words)
A free market is an idealized market, where all economic decisions and actions by individuals regarding transfer of money, goods, and services are voluntary, and are therefore devoid of coercion and theft (some definitions of coercion are inclusive of theft).
The term market economy describes an economy where economic decisions are determined by individuals (and businesses) trading, bargaining, cooperating, and competing with each other, as opposed to an economy where a state authority overrides this decentralized decision-making process by decree (see statism).
Markets The Social market economy was the German and Austrian economic model during the Cold War era.
  More results at FactBites »


 

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