Examlex
Life cycle theory has been incorporated in about 80% of Fortune 500 firms.
Canceling Order
An instruction to cancel a previously issued order before it is executed, commonly used in trading and procurement.
Express Repudiation
The clear and unequivocal refusal to perform one's obligations under a contract.
Anticipatory Breach
Occurs when one party to a contract indicates, either through their actions or words, that they will not fulfill their contractual obligations, allowing the other party to seek remedies before the breach actually occurs.
Performance Date
The specified day by which a contractual agreement, task, or duty must be completed.
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