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Price Increase
The act of raising the cost of goods or services, often in response to market demand, production costs, or inflation rates.
Statute Of Frauds
A legal principle that requires certain types of contracts to be in writing and signed by the parties to be enforceable.
UCC
Refers to the Uniform Commercial Code, which is a broad collection of regulations that oversee all commercial dealings within the United States.
CISG
The International Sale of Goods Convention by the United Nations, a global treaty that creates a standardized structure for international trade.
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