Examlex
Which of the following is more likely to be found in primary rather than secondary groups?
Reasonable Value
The fair or market value of goods or services, as determined by considering the costs, demand, and any other factor relevant to an exchange.
Necessary
In legal and philosophical terms, necessary refers to something required, indispensable, or absolutely needed to achieve a certain outcome or fulfill a condition.
Rescission
The process of formally terminating a contract, returning all involved parties to their pre-contractual state, often due to mistakes, fraud, or misrepresentation.
Punitive Damages
Compensation awarded to a plaintiff beyond actual damages, intended to punish the defendant for particularly harmful actions and deter similar future conduct.
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