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Describe the basic functions of the family as discussed in the text.
Accepted Goods
Items that have been received and approved by a buyer, indicating satisfaction with their condition according to the terms of the purchase agreement.
Repudiated the Contract
A situation where one party refuses to fulfill their obligations under the contract, effectively renouncing or rejecting it.
Contract Obligations
Duties that are legally binding and arise from agreements made between parties to perform or refrain from performing certain acts.
Maximum Time Period
The top limit or longest duration that something can continue or be in effect, often specified by law or agreement.
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