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oligopoly

oligopoly pl: -lies : a condition in which a few sellers dominate a particular market to the detriment of competition by others

fair market value

fair market value : a price at which buyers and sellers both having reasonable knowledge of the property and being under no compulsion are willing to do business

Subject to shipment

shipment, necessarily implies that it must be proved that the goods have in fact been shipped by the sellers, Hollis Bros & Co. Ltd. v. White Sea Timber Trust, Ltd., (1936) 3 All ER 895.

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