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What factors must be present in order for a contract to be discharged by frustration?
Subsidy
A subsidy is a financial contribution provided by government or another authority to support businesses, markets, or individuals, aiming to promote economic and social policies.
Inverse Demand Function
A mathematical relationship expressing the price of a good or service as a function of the quantity demanded, implying how prices vary with changes in quantity demanded.
Inverse Supply
A concept in economics where the supply curve is expressed as a function of price rather than quantity supplied.
Tax
A compulsory financial charge or levy imposed by a government on individuals or entities to fund government spending and various public expenditures.
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