Examlex
If the variable cost per unit decreases,the total number of units required to break even will increase.
New Price
Refers to the updated or current price of a product or service that may differ from previous pricing.
Legally Sufficient
A term that implies a claim, defense, or other legal assertion meets the minimum legal requirements to proceed in a court of law.
Fair Market Value
The price that property would sell for on the open market between a willing buyer and a willing seller.
Preexisting Duty
An obligation that a party is already legally required to perform, which cannot serve as consideration for a new contract.
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