Examlex
If a tax is imposed on a good with a perfectly elastic demand,the burden of the tax will be borne
Undue Influence
Improper or unfair persuasion that leads an individual to act against their free will or to make decisions that benefit another, particularly in contracts or wills.
Voidable
A legal term describing a contract or transaction that may appear valid but can be annulled by one of the parties due to certain defects or circumstances.
Void
Refers to a legal declaration that a contract or transaction is invalid and without legal effect from its inception.
Unenforceable
Refers to a contract or agreement that, due to certain legal deficiencies, cannot be legally imposed or upheld by a court.
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