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Speaking Generally,a Quasi-Contract Applies Where There Has Been Foreseeable Reliance

question 53

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Speaking generally,a quasi-contract applies where there has been foreseeable reliance on an express promise.


Definitions:

Cartel

A group of firms acting in unison

Market Power

The ability of a single economic actor (or small group of actors) to have a substantial influence on market prices.

Employer Association

An organization of employers united to promote and protect their common interests, typically related to labor and employment issues.

Working Conditions

The environment in which an employee works, including aspects like safety, amenities, workload, and work hours, which directly affect their physical and psychological health.

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