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state statutes and local ordinances that regulate the creation and performance of certain types of contracts on Sundays and legal holidays
blue laws
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a contract made on sunday; in a small number of jurisdictions, such contracts are invalid unless they are ratified on weekday
Sunday agreement
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an agreement in which performance by one party depends on the occurence of an uncertain event
gambling agreement
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the charge for using borrowed money, generally expressed as an annual percentage
interest
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charing interest higher than the law permits
usury
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an agreement with a person who does not have a required license
unlicensed transaction
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an agreement to encourage a lawsuit in which one or mnore of the parties have no legitimate interest
champerty
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a limitation on the full axercise of doing business with others
restraint of trade
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a situation in which oner or mmore control the market in a particular area or for a particualr product
monopoly power
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a federal statute that forbids certain agreements that tend to unreasonably inhibit competition, fix prices, allocate territories, or limit production
Sherman Antitrust Act
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a federal statute that makes it unlawful to discrimate, directly or indirectly, in matters involving product pricing, advertising, and promotion
Robinson-Patman Act
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a legal monopoly in which a state or federal government grants a person or irm a license to conduct a specific business, usually an essential service
government-granted franchise
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the parent firm in a franchise agreement
franchisor
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the independent firm in a franchise agreement
franchisee
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