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PREVIOUSLY

by Law Professor

An adverb of time, used in comparing an act or state named with another act or state, subsequent in order of time, for the purpose of asserting the priority of the first. Lebrecht v. Wilcoxon, 40 Iowa, 94. … [Read more...] about PREVIOUSLY

PRICE

by Law Professor

contracts. The consideration in money given for the purchase of a thing. 2. There are three requisites to the quality of a price iii order to make a sale. 3. 1. It must be serious, and such as may be demanded: if, therefore, a person were to sell me an article, and by the agreement, reduced to writing, he were to release me from the payment, the transaction would no longer be a … [Read more...] about PRICE

PRICE CURRENT

by Law Professor

The price for which goods, usually sell in the market. A printed newspaper containing a list of such prices is also called a price current. … [Read more...] about PRICE CURRENT

PRICE DISCRIMINATION

by Law Professor

To provide different prices to different buyers for the same product, service or item. … [Read more...] about PRICE DISCRIMINATION

PRICE FIXING

by Law Professor

A violation of the federal antitrust statutes and a crime where several businesses conspire to set prices at an artificially high level so as defeat price competition that would exist in a natural marketplace. … [Read more...] about PRICE FIXING

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