Examlex
An increase in demand, all other things unchanged, will result in _____ in equilibrium price and _____ in equilibrium quantity.
Illegal Act
An action that is forbidden by law or statute.
No Recourse
A clause in an agreement that limits the ability of a lender to seek additional compensation from a borrower beyond the collateral securing a loan if the borrower fails to repay.
Subagent
An agent of an agent, or a person who is appointed by an agent to perform tasks that the agent has undertaken to perform for the principal.
Gratuitous Agent
An agent who receives no compensation for his or her services.
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