Examlex
Penetration pricing is setting a low price often to achieve differentiation from competition.
Mistake Of Value
An error regarding the understanding or assessment of the value of an item or deal, potentially affecting a contract's validity.
Material Facts
Important information that could influence a decision-making process, particularly in legal and financial contexts.
Justifiably Relied
A legal principle where a party has a right to depend on the information or commitment of another, expecting it to be true or honored.
Fraudulent Misrepresentation
A false statement intentionally made to deceive, causing the victim to rely upon it to their detriment.
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