Examlex
It's easy for a private firm to provide a public good because of free riders.
Remedy Limitation
Provisions within a contract that limit the types of remedies or compensation one party can seek from another in case of breach.
Liability
Legal responsibility for actions, which can include debts or obligations, and the obligation to make restitution for harm caused.
Defective Product
A manufactured item that has a flaw or weakness making it unsafe or unfit for its intended use.
Negligence Case
Legal disputes that arise when an individual or entity fails to take reasonable care to avoid causing injury or loss to another person, resulting in harm.
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Q397: Distinguish the laws of demand and supply.