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Overjustification Effect
The phenomenon where introducing an external incentive for an already internally motivated activity reduces intrinsic motivation.
Materially Breached
The violation of a contract that is so substantial it significantly impacts the contract's purpose, justifying the other party's termination of the agreement.
Audit
An official inspection of an individual's or organization's accounts, typically by an independent body, to ensure accuracy and compliance with laws and regulations.
Contract
A legally binding agreement between two or more parties that defines and governs the rights and duties of the parties involved.
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