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How Does Full Performance Differ from Substantial Performance

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How does full performance differ from substantial performance?


Definitions:

Satisfaction of Debt

The fulfillment or payment of a debt in its entirety, releasing the debtor from further obligations.

Common Law

A legal system based on customs and court rulings rather than written laws, where the principle of precedent guides future judicial decisions.

Quantum Meruit

A legal principle that one who benefits from another's services in absence of a contract must still compensate the service provider.

As Much

A phrase indicating an equal quantity, degree, or condition.

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