Unfair Competition

Clean Hands
The principle of Clean Hands in both business conduct and legal contexts refers to maintaining integrity and ethical behavior, ensuring one has not engaged in improper conduct.
Unfair Competition
Unfair competition encompasses acts or practices of businesses that lead to consumer deception, misappropriation of trade symbols, and violations of trade practices laws that ultimately result in the unfair gain of market advantage over competing entities.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.