When One Party Breaks the Contract,the Contract Is Said to Be

question 37

True/False

When one party breaks the contract,the contract is said to be breached.

---

Definitions:

Equilibrium Price

The rate at which the amount of a product or service that consumers want to buy matches the amount that producers want to sell, achieving equilibrium in the market.

Uber

A technology platform that offers ridesharing, ride service hailing, food delivery, and a courier service, transforming the way people access transportation.

Supply and Demand Analysis

A fundamental economic model used to determine the price and quantity of goods in a market based on their supply and demand.