Examlex
Explain why many businesses are finding that more and more of their costs no longer vary directly with the volume of production.
Breach of Contract
The failure to perform an obligation or promise specified in a contract, which can lead to legal action by the injured party for damages or enforcement.
Landlord's Consent
Landlord's consent is the approval a landlord must give for certain actions by the tenant, such as alterations to the property or subletting.
Majority Rule
A decision-making process in which the preferences or votes of more than half of the members of a group determine the outcome.
Minority Rule
A governance structure or situation where a smaller segment of the population holds disproportionate power or authority over the majority.
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