Examlex
The selling of a product for a price below its cost of production is called
Illegal
pertains to actions or activities that are prohibited by law and subject to legal penalties.
Liquidated Damages
A predetermined amount of money that must be paid as damages for failure to perform under a contract, the amount of which is stipulated within the contract itself.
Breach of Contract
The violation of a contractual obligation by one party that results in harm or loss to the other party.
Breach of Contract
A legal term referring to the violation of a binding agreement between two or more parties.
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