Examlex
Templates are an example of algorithm abstraction
Liquidated Damages
A predetermined sum agreed upon by the parties to a contract to be paid as compensation in the event of a breach.
UCC
stands for the Uniform Commercial Code, a set of laws that provide legal standards and regulations for commercial transactions in the United States.
Non-breaching Seller
A seller who has complied with the terms of a contract and has not violated any conditions or obligations.
Withhold Delivery
The act of intentionally not delivering goods or services that are part of a contractual agreement.
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