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of <h1>Executive Power Balancing Act: Constitutional Framework Limits Union and State Authority in Legislative and Trade Domains</h1> The constitutional provision grants executive power to the Union and States to engage in trade, business, property transactions, and contract-making. The power is subject to legislative constraints: the Union's executive power is limited by State legislation where Parliament cannot make laws, and State executive power is constrained by Parliamentary legislation where State legislatures cannot legislate. This ensures a balanced distribution of executive and legislative authority across governmental levels.
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