Examlex
If, during a contract, a party incurs "extreme or unreasonable difficulty, expense, injury or loss" the courts may call this impracticability or:
Equilibrium Price
The price point in the market where the amount of products offered meets the amount of products wanted.
Demand
The level of demand for a good or service that purchasers have the desire and financial ability to acquire at varying prices over a designated period.
Supply Curve
A graph that shows the relationship between the price of a good and the quantity of the good that producers are willing to sell at various prices.
Demand Curve
A visual diagram illustrating the connection between a product's price and the amount consumers are willing to purchase.
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