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Contractual Relationship
A Contractual Relationship is a legally binding connection between two or more parties established through an agreement that specifies mutual obligations.
Acceleration Clause
A contractual term that comes into effect when there is a failure to make an instalment payment and which requires that the entire debt plus expenses be paid.
Installment Payment
A method of payment where the total cost is divided into smaller amounts, paid over a specified period of time.
Injunction
A legal directive compelling an individual or a group to initiate or halt a defined action.
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