Examlex
Mutual assent is not required for a contract to exist.
General Rule
An established guideline or principle that is generally followed or considered as a norm in a particular field or situation.
Herfindahl Index
A measure used to calculate the level of concentration in a market, by summing the squares of the market shares of each firm.
Greater Than
A mathematical symbol (>) denoting that a value on the left is larger than the value on the right.
Four Firms
Often refers to a concentration ratio in economics that measures the output or revenue share of the four largest firms within an industry.
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