Examlex
When a price is inelastic,a price increase improves all aspects of performance.
Defraud
The act of misleading or deceiving someone typically for financial or personal gain.
Scope of Authority
The extent of powers given to an individual or a body, determined by an agreement, law, or rules governing their actions.
Agent
A person or entity authorized to act on behalf of another, often in a business or legal setting, to undertake specific actions or transactions.
Contract
A legally binding agreement between two or more parties that outlines obligations and rights of those parties.
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