Examlex
Under IFRS bank overdrafts are classified as
Course of Dealing
The pattern of actions between parties in a business transaction that establishes a common basis for understanding their conduct.
Right to Cure
The right to cure allows a party in breach of a contract a specified period to fix the breach before the other party can pursue legal remedies.
Substantial Impairment
A significant reduction in the ability or capacity of something, often used in legal contexts regarding the impairment of physical or mental functions.
Perfect Tender Rule
A principle in the sale of goods law that allows buyers to reject goods if they do not exactly meet the terms of the contract.
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