Examlex
Hobby-Light is a desk light that lets hobbyists match colour swatches accurately without going outside.Its like convenient,natural sunlight inside.The lights have high marketing costs,are sold with high dealer margins,and high production costs.Ads for the product aim at educating craftspeople who work with fabrics and paints about the benefits of the Otto-Light.The light is in the Maturity stage of the product life cycle.
Contracts of Adhesion
Contracts of adhesion refer to standard-form agreements prepared by one party, leaving the other party little or no ability to negotiate more favorable terms.
Public Policy
Principles and standards considered by the government to be beneficial for the community and used to guide legislative or regulatory actions.
Trade Secrets
Information, including formulas, practices, processes, designs, instruments, patterns, or compilations of information that is not generally known or reasonably ascertainable, by which a business can obtain an economic advantage over competitors or customers.
Illegal Agreement
A contract or agreement that is void because it involves actions that are against the law.
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