Examlex
California once had a law that declared "no black or mulatto person, or Indian, shall be permitted to give evidence" against a white person, but excluded Chinese Americans because they were said to fall outside the term "black person."
Exclusivity Pricing Strategy
A pricing method where high prices are set due to the unique or exclusive nature of a product, targeting a specific segment of the market.
Cost Plus Pricing
A pricing strategy where a fixed percentage or amount is added to the cost of producing a product to determine its sale price.
Parallel Market
An unofficial market where goods are traded outside of the official channels, often at a different price point.
Dumping Strategy
A practice where companies sell products in foreign markets at prices lower than those in their domestic market, often to increase market share or unload surplus inventory.
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