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What Are the Three Factors That Contribute to the Trend

question 26

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What are the three factors that contribute to the trend toward greater retail concentration in developed countries? How have these factors promoted retail concentration?


Definitions:

Defective Product

An item that fails to function as intended due to a flaw in design, manufacture, or marketing, presenting potential harm to users.

Vicarious Liability

A legal principle where one party is held liable for the actions or negligence of another party, often seen in employer-employee relationships.

Driving While Impaired

Operating a vehicle under the influence of alcohol, drugs, or other substances that hinder cognitive and motor skills.

Occupier's Liability

Legal responsibility of property owners or tenants to ensure the safety of those who enter their premises.

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