Examlex
Marketers can prolong the lives of many products in the maturity or decline stages of the PLC, sometimes even moving these products back into the growth stage. How is this undertaken?
Fraudulent Misrepresentation
A false statement made knowingly or recklessly designed to induce another party to enter into a contract.
Scienter
Knowledge of wrongdoing or fraudulent intent, often required to be proven in cases of securities fraud.
Unilateral Mistake
A situation in contract law where only one party is mistaken about a basic assumption on which the contract is based.
Subjective Value
The worth or importance of something based on personal preferences, opinions, or experiences, rather than its objective market value.
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