Examlex
The disadvantage of maintaining enough manufacturing capacity to meet demand in any period is
Debt
An amount of money borrowed by one party from another, typically under the agreement that it is to be repaid with interest.
Promissory Estoppel
A legal principle that prevents a party from withdrawing a promise when the other party has reasonably relied on that promise to their detriment.
Consideration
Something of value promised to another when making a contract, which is required for the contract to be legally binding.
Contract Law
The body of law that regulates the making, enforcement, and interpretation of agreements between parties.
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