Examlex
Under the policy that a contract can be terminated if major difficulties arise, a material breach discharges the non-breaching party from a contract.
Comparative Disadvantage
A situation where a country or entity is less efficient at producing goods or services compared to another country or entity.
Absolute Advantage
The capacity of a person, corporation, or nation to manufacture a product or provide a service at a lower per-unit expense than any other participant in the market.
Comparative Advantage
The capability of an individual or organization to create a product or provide a service with a smaller opportunity cost than another.
Price
The amount of money required for the purchase of a good or service, reflecting the value that buyers and sellers assign to it.
Q1: A merchant seller's unsuccessful attempt to repair
Q7: Title can pass to the buyer from
Q20: For a drawee to be obligated to
Q21: Bike Shop sells a trail bike to
Q36: Lazlo and Mac bet illegally on the
Q44: Etan is indebted to Finance Credit Corporation
Q47: Cheri drives into Domestic Auto Service and
Q53: Marketing Inc. offers to create a campaign
Q57: If a person was sufficiently intoxicated to
Q72: Hua applies to Inventory Corporation for a