Examlex
A contract that violates state or federal statutory law is:
Consumers
Consumers are individuals or entities that use or consume goods and services for personal use, not for manufacturing or resale.
Producers
Individuals or entities that create, manufacture, or grow products for the purpose of selling them to consumers or other businesses.
Price Support
Government interventions or policies designed to maintain the market price of a commodity or product at a certain level, usually to protect producers' incomes.
Price Floor
A government-imposed minimum price for a good or service, preventing the market price from falling below a certain level, potentially leading to a surplus.
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