Examlex
Engineer Phinegan Tatarchuk likes to use analogy during the creative process of developing new products. When Tatarchuk does this, he is
Inadequacy of Consideration
A situation where the value exchanged in a contract is significantly disproportionate, raising questions about the fairness of the agreement.
Wholesale Price
The cost of goods sold in bulk to retailers or distributors, generally lower than retail price.
Seal
A device or symbol used to authenticate documents as genuine or to signify approval or ratification.
Consideration
A concept in contract law, referring to something of value exchanged between parties as part of an agreement.
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