Examlex
To avoid double counting in the calculation of GDP,which types of goods are typically excluded from the calculation?
Consequential Damages
Refers to secondary effects or financial losses that result indirectly from a breach of contract.
Lost Profits
Potential earnings that were not realized due to the wrongful acts of another party, frequently sought as damages in legal disputes.
Law of Restitution
A legal principle that requires a party to return or compensate for benefits unjustly received at the expense of another.
Misrepresentation
The act of providing false or misleading information, often to persuade someone to enter into a contract.
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