Examlex
Encoding specificity is BEST defined as:
Good Faith
An honest intention to act without taking unfair advantage over another party, reflected in business deals and contracts.
Consequential Damages
Compensation for losses that directly and foreseeably result from the breach of a contract or other wrongful act.
Lost Profits
Damages claimed in a lawsuit representing the profits one would have made but for another party's wrongful act.
Speculative
Involving a high risk of loss but also offering the potential for substantial gains, often based on future expectations rather than current realities.
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