Examlex
Vertical analysis is also known as
Contractual Intent
The clear intention of the parties to a contract to create a legally binding agreement.
Definite
Clearly stated or decided; not vague or doubtful, often referring to terms or conditions that are explicitly specified.
Adequate Communication
Effective exchange of information, ensuring all involved parties fully understand terms, expectations, or instructions.
Reserve
Funds or resources set aside for specific future use or to cover unexpected liabilities, or the practice of conserving natural resources.
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