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If the price of a product is above equilibrium, what forces it down?
Voidable
A term describing a contract or transaction that remains valid until one party takes action to void it, often due to elements like fraud or misrepresentation.
Worthless Cheque
A cheque that cannot be processed because the account it is drawn on does not have sufficient funds.
Innocent Purchaser
An individual who buys property without knowledge of any existing claims, liens, or encumbrances against it.
Consideration
The worth, including currency, services, or items, that is traded between entities in an agreement.
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