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Does Factor Price Equalization Occur in the Real World

question 96

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Does factor price equalization occur in the real world?


Definitions:

Short Of Cash

A situation where an individual or organization does not have enough money available to meet immediate or short-term financial obligations.

Condition Subsequent

A condition in a contract that, if it occurs, terminates the contract or an obligation under the contract.

Discharge By Agreement

Agreement by the parties that a contract is ended.

Discharge By Frustration

The termination of a contract due to unexpected events which render the performance of the contract impossible or radically different.

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