Examlex
Which of the following most likely leads to an increase in the quantity demanded?
Statute of Frauds
A legal principle requiring certain types of contracts to be in writing in order to be enforceable, such as contracts for the sale of land or goods over a certain value.
Breached Contract
A breached contract occurs when one party fails to perform their obligations under the terms of the agreement, leading to legal consequences and potentially damages.
Uniform Electronic Transactions Act (UETA)
A law adopted by most U.S. states that establishes the legal validity of electronic records and signatures for commercial transactions.
Electronic Commerce
The buying and selling of goods and services, or the transmission of funds or data, over an electronic network, primarily the internet.
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