sound price

sound price
See warranty of soundness from sound price.

Ballentine's law dictionary. . 1998.

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  • warranty of soundness from sound price — The rule of the civil law, in opposition to that of the common law, that a warranty of soundness against hidden or latent defects will be implied where a full or sound price is paid. This warranty will include all faults known or unknown to the… …   Ballentine's law dictionary

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  • price discrimination — Charging one customer more than another for the same article or service. Accepting the doctrine that it is unlawful for anyone engaged in interstate commerce to discriminate in price between customers, we would accept the further doctrine that… …   Ballentine's law dictionary

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