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All of the following,except one,are benefits of perfectly competitive markets.Which is the exception?
Misrepresentation
The act of providing false or misleading statements or impressions, especially in contracts, which can lead to legal consequences.
Statement Of Fact
A declaration or assertion made about a situation or circumstance, often in a legal or official context.
Parol Evidence Rule
A legal principle preventing the introduction of oral or extrinsic evidence to contradict or vary the terms of a written contract.
Misrepresentation
A false statement of fact made by one party to another, which may render a contract voidable.
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