Examlex
In the context of quality improvement methods, ________ can be best described as a practice that considers any costs other than a cost that adds value for the customer to be wasteful and, hence, something to be eliminated.
Substantial Performance
A legal concept indicating that a party has completed the major obligations of a contract, even if minor details were not completed, often entitling that party to payment.
Breach of Contract
The inability to fulfill any clause of a contract, whether it's written or spoken, without a valid legal justification.
Damages Awarded
The monetary compensation granted to the plaintiff after a court judgment or settlement, intended to remedy harm caused by the defendant's actions.
Anticipatory Repudiation
A declaration or action by a party indicating they will not fulfill their contractual obligations, allowing the other party to terminate the contract and seek damages.
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