Examlex
Occam's Razor: A hallmark of science is the rejection of supernatural causes to explain natural phenomena. Try to justify this position as another way of including Occam's Razor into the process of science.
Inferior Goods
Products whose demand decreases as consumer income rises, opposite to what is observed with normal goods.
Substantial Performance
A legal concept indicating that a party has fulfilled enough of its contractual obligations to warrant payment, even if some minor specifications are not met.
Doctrine
A doctrine is a set of principles or beliefs, especially in legal contexts, establishing a particular rule of law or policy guidance.
Good Faith
The principle of honesty and sincerity in dealings and transactions, free of intent to deceive or defraud.
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