NATAROS V. FINE ARTS GALLERY OF SCOTTSDALE
Court case which involves an auction house and a buyer. Considered a landmark case in the arts, the buyer suspected the price of items at auction were rigged and overpriced. The plaintiffs in this case, Frank and Anna Nataros, purported the auction house employees engaged in negligent misrepresentation and fraud during the sale of several items.
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Tit for Tat
Game theory mechanism subject to a payoff matrix similar to a prisoner’s dilemma. Anchored on the concepts of retaliation and altruism, this ...
Nonsegregated Disclosures
Information that must be presented legally anywhere in a lease agreement. These are required by the Federal Reserve Board Regulation M. The lease a ...
Product Line
A series of related products which are all made or manufactured by the same company.
Behavioral Economics
The scientific study on how the mind thinks and how each person reacts as it relates to the process of decision making in economics of individuals ...
Infant-Industry Theory
A theory stating the emerging domestic industries must be protected against foreign competition until they become established and mature. In econom ...
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An Introduction to Ethical Investing
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Buying a Home: Getting Into the Escrow Process
You write an offer and the seller accepts it. Deal closed. It is about time to go through the escrow process. Why does a buyer need to undergo this ...
Connection of Inflation and Interest Rates
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Ethical Investing: Knowing Human Rights and Workers` Rights
Ethical investors want to know how corporations treat people, specifically their workers. They depend on the UN Universal Declaration of Human Righ ...
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