Examlex
Some 4WD vehicles with automatic locking hubs can become stuck in a situation where they need traction at the front wheels to get unstuck, but because the hubs disengage the front wheels in reverse, the vehicle is incapable of moving.
Paid in Full
A declaration that all outstanding debts or obligations have been completely settled.
Liable
Legally responsible or obligated to do something, particularly paying compensation for harm or damage.
Requirements Contract
A contract in which one party agrees to purchase all of its required goods or services from the other party.
Exclusive Dealing Contracts
Agreements where a retailer or distributor is obligated to buy from only the contracted supplier, thereby limiting the retailer's ability to purchase from other vendors.
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