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If the price of a product decreases, we would expect
Contract Frustration
A legal concept that occurs when unforeseen circumstances prevent the fulfillment of a contract, thus releasing the parties from their contractual obligations.
Contract Repudiation
The refusal to perform duties or obligations under a contract, which can lead to legal actions for breach of contract.
Breach
A violation or infraction of a law, duty, or agreement.
Condition Subsequent
A condition in a contract that, when fulfilled, terminates the contract or an obligation within the contract.
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