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What Is Greenwashing and What Are the Potential Negative Effects

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What is greenwashing and what are the potential negative effects of it?


Definitions:

Market Price

The going rate at which a service or an asset is available for buy or sell in the particular market.

Actual Price

The real, final amount paid for goods or services, including all discounts, charges, and taxes.

Assurance of Performance

A guarantee or promise that certain conditions will be met or certain results will be achieved in a contractual agreement.

Repudiated

To reject, refuse to accept, or be associated with, often in relation to a contract or agreement.

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