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If the law is on your side, pound the law. If the facts are on your side, pound the facts. If neither the law nor the facts are on your side, pound the table.
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Legal Definitions - floor price
The law is a jealous mistress, and requires a long and constant courtship.
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Definition of floor price
Definition: A floor price is the minimum price that can be charged for a product or service. It is the lowest price that a seller is willing to accept for their product or service.
Example: A company sets a floor price of $10 for their product. This means that they will not sell their product for any less than $10, even if the market price drops below that amount.
Explanation: The example illustrates how a floor price works. The company has set a minimum price that they are willing to accept for their product. This ensures that they do not sell their product at a loss and helps them maintain a certain level of profitability.
The only bar I passed this year serves drinks.
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Simple Definition
Term: FLOOR PRICE
Definition: A floor price is the lowest possible price that can be charged for a product or service. It is like a safety net that ensures that the price of a product or service does not fall below a certain level. Think of it like a minimum price that must be paid for something. For example, if a store sets a floor price of $10 for a shirt, they will not sell it for any less than $10. This helps to protect the store from losing money and ensures that the product is valued appropriately.
A lawyer is a person who writes a 10,000-word document and calls it a 'brief'.
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