Examlex
For normal costing,even though the indirect-cost rate is based on actuals,indirect costs are allocated to products based on the normal capacity of the cost-allocation base.
Material Misrepresentation
A false statement of fact that is significant enough to influence a party's decision-making, leading to a change in a legal outcome or contract.
Anticompetitive Behavior
Practices by businesses aimed at undermining competition, such as price fixing, monopolies, and predatory pricing.
Section 5
Depending on the context, Section 5 could refer to specific provisions within various legal statutes or regulations, each detailing requirements, prohibitions, or procedures relevant to its respective law.
FTC Act
The Federal Trade Commission Act is legislation aimed at preventing unfair competition, deceptive practices, and regulating antitrust behavior.
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