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What were the escalator clauses?

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Anonymous

∙ 11y ago
Updated: 8/16/2019

A contractual provision that makes pricing flexible by increasing or decreasing the contract price according to changing market conditions, such as higher or lower taxes or operating costs.

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∙ 11y ago
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How invented the escalator?

escalator companys


When was the escalator invented?

The escalator was invented in 1897 but the "modern escalator" was designed in 1900 by Charles Seeberger.


How does the escalator function?

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