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A Prima Face Case

question 60

Multiple Choice

A prima face case:


Definitions:

Ticket Scalping

The practice of reselling tickets for admission to events at a price higher than the original price set by the event organizer.

Ceiling Price

A government-imposed maximum price on goods or services, intended to prevent prices from rising above a certain level.

Product Shortage

A situation where the demand for a product exceeds its supply in the market.

Legal Ceiling Price

A maximum price set by government regulation that sellers are allowed to charge for a good or service, intended to protect consumers from excessive pricing.

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