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This chapter will examine and analyse two principles of contract law. The first is consideration, which along with the offer, acceptance and intention to create legal 

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Table 5: Examples of Regressive, Proportional Tax Systems. Table 6: Personal C High marginal tax rates and heavy average tax burdens -- the outcome of. 9) A reduction in all marginal tax rates by 5 per cent with a GST of 15 per cent on regressive than a base expansion in the absence of personal income tax 

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