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Mauve starts a business that specializes in procuring and selling antique items. Her business caters specifically to individuals who have high-income jobs and who like collecting unique artifacts. Mauve does not have much competition and can decide the prices of her products without any external influence. The opportunity of _____ is highlighted in the given scenario.
Dairy Farm
An agricultural establishment primarily engaged in the production of milk and milk products from cows or other dairy animals.
EZ Ice Cream Inc.
Presumably a fictional company; without more context, it would represent a hypothetical business entity.
Condition Precedent
A condition in a contract that must be met before a party’s promise becomes absolute.
Condition Subsequent
A condition in a contract that operates to terminate a party’s absolute promise to perform.
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