Examlex
Briefly describe what revenue management is and identify the common types of problems addressed by revenue management.
Good Faith
An implied promise to act honestly and not take unfair advantage in transactions.
Primarily Liable
Refers to the party or entity that bears the main responsibility in fulfilling an obligation or debt, without dependence on the failure of another party.
Personal Defenses
Legal defenses used in a lawsuit that are specific to the defendant, often relating to the contract's validity or terms.
Fraud in the Inducement
A deceitful act causing someone to enter into an agreement or contract by misrepresenting material facts or intentions.
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