Examlex
Which of the following is NOT an assumption of perfect competition?
Third-party Claimant
An individual or entity that claims rights or seeks remedies under a contract to which they are not a direct party.
Bailee
A bailee is an individual or entity temporarily entrusted with possession of personal property for a specific purpose, but without ownership rights.
Bailor
The owner of bailed property; the one who delivers personal property to another to be held in bailment.
Property
Assets or possessions belonging to an individual or entity, which can include physical items, real estate, intellectual property, and other rights of ownership.
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