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Information systems development projects identified by top management have:
Lapse of Time
The expiration of a specified duration which can affect contracts, rights, or obligations.
Delivery
The process of transporting goods from a source location to a predefined destination.
Option Contract
A legal agreement that grants a party the right, but not the obligation, to buy or sell an asset at a predetermined price and within a specified time frame.
Lease Agreement
A contract in which one party agrees to rent property owned by another party for a specified period of time, in exchange for payment.
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