Examlex
How does the task of production planning happen in a laissez-faire economy?
Contract
A legally binding agreement between two or more parties, enforcing obligations and rights in relation to the agreement.
Fraudulently Misrepresentation
An intentionally false representation of fact made by one party to another, with the intent to deceive and for the purpose of inducing the other party to act or refrain from acting in reliance on it.
Rescind
The legal act of canceling, revoking, or annulling a contract or agreement, effectively bringing it to an end.
Damages
Monetary compensation awarded by a court to a person who has suffered loss or harm as a result of another's action or inaction.
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