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Anticipatory Breach
A situation where one party indicates by words or actions that they will not fulfill their contractual obligations.
Performance Risk
The possibility of a party failing to fulfill their obligations under a contract, leading to performance failure.
Warranty
A guarantee, often given by a seller to a buyer, assuring certain conditions or the quality of a product or service.
Manufacturer Responsibility
The legal and moral obligation of producers to ensure their products are safe and meet certain standards.
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