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What is the case when a price ceiling is not binding
Restrictions
Limitations or conditions imposed on activities, operations, or behaviors to regulate them legally or socially.
Condition Precedent
A contractual clause that requires certain conditions to be met before the contract becomes legally binding.
Condition Subsequent
A specific condition in a contract that, when it occurs, ends the contract's obligations.
Exemption Clause
A contract term that limits the liability of one party under certain circumstances, often found in terms and conditions.
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