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-The figure above shows the production possibilities frontier for a country.A combination of 2 million gallons of milk and 2 million gallons of ice cream is
Reasonable Care
A legal standard requiring individuals or organizations to act with the level of caution and vigilance that a prudent person would under similar circumstances, to prevent harm to others.
Scienter
Intent or knowledge.
Innocent Misrepresentation
A false statement about a fact material to an agreement that the person who made the statement believed to be true.
Mutual Mistake
The result of an error by both parties about a material fact, that is, one that is important in the context of a particular contract.
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