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The Act requires all states to either set their minimum age to purchase alcoholic beverages and the minimum age to possess alcoholic beverages in public to no lower than 21 years of age or lose 10% (Changed to 8% in 2012) of their allocated federal highway funding if the minimum age for the aforementioned is lower than 21 years of age.
Group buying. Group buying, also known as collective buying, offers products and services at significantly reduced prices on the condition that a minimum number of buyers would make the purchase. Origins of group buying can be traced to China, where it is known as Tuán Gòu ( Chinese: 团购 ), or team buying. [1]
Michigan. Michigan Governor Gretchen Whitmer signed HB 4412, legislation to combat teen abuse of over-the-counter (OTC) medicines containing the cough suppressant dextromethorphan (DXM) by prohibiting the sale of DXM-containing products to minors without a prescription. The new law went into effect on July 1, 2020.
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President Franklin D. Roosevelt, 1933 In 1933, the Roosevelt administration during the New Deal made the first attempt at establishing a national minimum wage regiment with the National Industrial Recovery Act, which set minimum wage and maximum hours on an industry and regional basis. The Supreme Court, however, in Schechter Poultry Corp. v. United States (1935) ruled the act unconstitutional ...
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an ...
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