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When a firm can incorporate points of differentiation into its product offerings at a lower cost than competitors, then it may have a
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Uniform Law
A model law created by the National Conference of Commissioners on Uniform State Laws and/or the American Law Institute for the states to consider adopting. If a state adopts the law, it becomes statutory law in that state. Each state has the option of adopting or rejecting all or part of a uniform law.
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The body of law enacted by legislative bodies (as opposed to constitutional law, administrative law, or case law).
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