Examlex
A manager instructs an employee to ship an item with a minor defect to a customer.What is this an example of?
Full Release
A legal agreement in which one party permanently relinquishes all claims against another.
Novation
The process of replacing one obligation with another by mutual agreement.
Entire Agreement
A clause in a contract that declares the contract to be the complete and final agreement between the parties, superseding all prior negotiations, promises, or representations.
Privity of Contract
The principle that a contract directly affects and grants enforceable rights only to the parties involved in the contract agreement.
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