Examlex
A business has strong sales and profits, but its stock price falls anyway because stock prices in general are declining. This is an example of
Unconscionability
A condition in contract law where an agreement is deemed unjust or extremely one-sided in favor of the party with superior bargaining power.
Duress
A condition where a person performs an act as a result of violence, threat, or other pressures against them, undermining their free will.
Privity of Contract
A legal doctrine stating that only parties involved in a contract are entitled to enforce it or be sued under it.
Royal Bank
Typically refers to a bank that has been granted a royal charter, recognizing it as a privileged financial institution.
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