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As an Industry Enters Maturity, Barriers to Entry Decrease, and the Threat

question 75

True/False

As an industry enters maturity, barriers to entry decrease, and the threat of entry from potential competitors increases.


Definitions:

Consent

Agreement or permission for something to happen or someone to do something, often given expressly by all involved parties.

Forced

Action taken under compulsion or pressure, lacking voluntary intention.

Fraudulent Misrepresentation

A false statement made knowingly, without belief in its truth, or recklessly, with disregard to its truth, which is intended to induce another party to enter into a contract.

Scienter

Knowledge by the misrepresenting party that material facts have been falsely represented or omitted with an intent to deceive.

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