Examlex
A mission statement can sometimes be called a statement of philosophy.
Mitigate Damages
The requirement that a party who has suffered damage as a result of a breach of contract or other injury take reasonable action to minimize the amount of the damage.
Reasonable Course
A course of action that a prudent person would believe to be appropriate under the circumstances.
Unfinished Goods
Products that are in the process of being manufactured but are not yet complete.
Suspension of Performance
A temporary cessation of the fulfillment of a party's contractual obligations due to certain conditions or events.
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