Examlex
When a surety pays a claim that it is obligated to pay, the surety is exonerated, and automatically acquires the claim and the rights of the creditor.
Contestable
Pertaining to a market condition where the entry and exit of firms are costless or have low barriers, enabling potential competition to limit the market power of existing firms.
Price Competition
A market situation where businesses compete primarily on the price of their products or services.
Music Production Industry
The sector of the economy dedicated to creating, producing, and distributing music and sound recordings.
Airline Industry
A sector of the economy composed of companies and organizations involved in the business of transporting passengers and cargo by aircraft.
Q8: Reverse discrimination can occur when an affirmative
Q9: Agents may intentionally make themselves contractually liable
Q12: If a provision in an insurance policy
Q13: Workers' compensation statutes provide the exclusive remedy
Q16: Bad faith may exist because a transferee
Q26: The CISG governs all contracts between parties
Q27: The Age Discrimination in Employment Act forbids
Q32: When a disclosed principal authorizes an agent's
Q39: The buyer must give notice of the
Q45: Goods that are not yet in existence