Examlex
Tactical plans are designed to help execute the major strategic plans and to accomplish a specific part of the company's strategy.
Substantial Performance
A legal concept that a contract has been completed enough to fulfill its purpose, even if all details have not been precisely met.
Anticipatory Breach
A situation in contract law where one party indicates in advance that they will not fulfill their contractual obligations.
Frustrated Contract
A contract under which performance by a party is rendered impossible due to an unexpected or unforeseen change in circumstances affecting the agreement.
Specific Performance
A legal remedy in contracts law where a court orders a party to perform their obligations under a contract, rather than paying damages for not fulfilling the contract.
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