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Current as of January 01, 2025 | Updated by Findlaw Staff
The following words and phrases when used in this act shall have the meanings given to them in this section unless the context clearly indicates otherwise:
“Chain of distribution.”All parties involved in the sale and resale of consumer goods and services, including any manufacturer, supplier, wholesaler, distributor or retail seller.
“Consumer goods or services.”Those items used, bought or rendered primarily for personal, family or household purposes.
“Replacement cost.”The term includes:
(1) acquisition costs;
(2) costs that are a result of a contract where consumer goods or services are priced on a formula that references published market prices;
(3) the actual cost of replacing goods or services being sold; or
(4) the reasonably contemplated cost of replacing goods or services being sold based on information available at the time of the increase in price.
“Unconscionably excessive.”A price is unconscionably excessive when the amount charged represents a gross disparity between the price of the consumer goods or services and the price at which the consumer goods or services were sold or offered for sale within the chain of distribution in the usual course of business seven days immediately prior to the state of disaster emergency.
Cite this article: FindLaw.com - Pennsylvania Statutes Title 73 P.S. Trade and Commerce § 232.3. Definitions - last updated January 01, 2025 | https://codes.findlaw.com/pa/title-73-ps-trade-and-commerce/pa-st-sect-73-232-3/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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