Examlex
What is a chatbot and how are they used in business?
Effect
The result or outcome of a particular cause or action.
Fraudulent Misrepresentation
The act of deliberately misleading or deceiving another party with false statements or information, leading to their detriment on reliance of such misrepresentation.
Economic Duress
A situation where one party is forced into a contract or agreement under threats, making the consent given not truly voluntary.
Net Average Annual Profit
The average profit of a business over a specified period, after all expenses, taxes, and costs have been deducted.
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