Examlex
Suppose there are economies of scale in the production of a specialized memory chip that is used in manufacturing microwaves.This suggests that the microwave industry is a decreasing-cost industry.
Comparative Negligence
Comparative negligence is a legal doctrine that reduces the claimant's compensation by a percentage equal to their fault in causing the damage or injury.
Contributory Negligence
Contributory Negligence is a legal doctrine that may limit or prevent a plaintiff's recovery if it can be shown that their own negligence contributed to the harm suffered.
Negligence Per Se
The legal doctrine where an act is considered negligent because it violates a statute or regulation.
Assumption of Risk
A legal principle that a person may not recover for injuries received from a dangerous activity if they voluntarily exposed themselves to the danger with full knowledge of the risks involved.
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