Examlex
You are given the following supply schedule:
a. What happened to the supply curve?
b. List five things that could make the supply curve reflect your answer in part
Understand Obligations
Recognizing and comprehending the duties and responsibilities that are part of an agreement or contract.
Capacity
The legal ability or competency of a person or entity to enter into binding contracts or perform certain acts.
Illegal Clause
A provision in a contract that is prohibited by law and therefore unenforceable.
Sever
To cut off or divide property interests or legal relationships.
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