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Breach Of Contract
The violation of any agreed-upon terms or conditions in a binding contract, which can lead to legal consequences for the party in breach.
Designated Contract
A specific agreement set apart for a unique purpose or recognized formally in a particular context.
Anticipatory Breach
Repudiation of a contract before performance is due.
Void Ab Initio
A term referring to agreements or contracts that are considered null from the start due to illegality or inability to enforce.
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