Examlex
As a general rule,the courts of most countries accept jurisdiction over a contract if the defendant is a resident or domiciled there; in the case of an extra-territorial defendant,jurisdiction is accepted only where there is an appropriate connection with the country.Why is this general rule often unsatisfactory in e-commerce situations,especially those involving consumer transactions? What resolution has been suggested?
First Mover Advantage
A competitive advantage gained by the first significant company to move into a new market or develop a new product or service.
High Price
A situation where the cost of a product or service is considered to be significantly above average or expected values.
Final Offer
The last proposal made in a negotiation, beyond which the offeror is unwilling to make further concessions.
Outside Options
Alternatives available to negotiating parties, especially if current negotiations fail, influencing their bargaining power.
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