Examlex
What integrates all departments and functions throughout an organization into a single IT system so that employees can make decisions by viewing enterprise-wide information on all business operations?
Substantial Impairment
Significant reduction in the ability or capacity of something, often used in legal contexts to describe the detrimental impact on a person's health or property.
Installment Contract
A contract that outlines a payment plan for the purchase of goods or services over a period of time, typically involving regular payments.
Commercial Impracticability
A defense in contract law allowing parties to escape liability for nonperformance when unforeseen events make fulfillment of the contract extraordinarily difficult or unfair.
Breach of Contract
Occurs when one party fails to fulfill its obligations under the agreement, giving the aggrieved party the right to seek remedies.
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