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What was the result in the case of U.S.v.Park,the case in which the defendant,the president of a national food-chain corporation,claimed he should not be held liable for allowing food in a warehouse to be exposed to rodent contamination because he had delegated responsibility to subordinates?
Unconscionable Rate
A term often used to describe exorbitantly high rates or charges that go beyond what is reasonable or legally permissible, typically in the context of loans or credit.
Exorbitant Rate
An excessively high and unreasonable rate, often used in reference to interest rates or prices.
Equilibrium Price
The price at which the quantity of a good or service demanded equals the quantity supplied, meaning there is no excess supply or demand.
Equilibrium Quantity
The amount of products or services available that matches the amount consumers are willing to buy at the equilibrium price in the market.
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