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The PowerHouse Utility Company recently built a nuclear power plant in a southern state and started competing against BXY Utility Company that has served customers in that region for 65 years. Due to deregulation, consumers now have a choice among utility companies in this area. Although PowerHouse has made a sizeable capital investment, if it successfully grows market share, eventually prices for electricity may stabilize or fall.
Defective
Describing a product or good that fails to meet quality standards or does not function as intended.
Insufficient Funds
a situation where an account does not have enough money to cover a transaction, often leading to denied payments or penalties.
Handwritten Terms
Handwritten terms are provisions or conditions manually written in a contract or agreement, which can add specificity or clarity to the document's stipulations.
Undated
A document or item that does not carry a date indicating when it was produced or written.
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