Examlex
All but one of the following have been suggested by some economists as possible consequences of path dependency and switching costs.Which of the following is not a possible consequence of path dependency and switching costs?
Negligence
Not acting with the caution a reasonably careful person would use in similar situations.
Defence
Defence refers to the argument or strategy used by an individual or party to oppose or fight against a claim or accusation in legal proceedings.
Standard of Care
The degree of prudence and caution required of an individual who is under a duty of care.
Federal Statute
A law enacted by the national government of a federal system that applies throughout the country and supersedes state laws in areas of federal competence.
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