Free Enterprise

Definition of Free Enterprise

The right to conduct a legitimate business for profit, under usual laws of supply and demand, without undue government interference. Lafayette Dramatic Productions v. Ferentz, 9 N.W.2d 57, 62, 305 Mich. 193.

That's the definition of Free Enterprise in Black's Law Dictionary 6th Edition. Courtesy of Cekhukum.com.

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