Examlex
Which of the following powers does a manager exert by withholding positive outcomes, such as special assignments or bonuses, to control the behavior of employees?
Exemption Clause
A contractual provision that seeks to limit or exclude one's liability in certain situations, often subject to legal scrutiny for fairness.
Fundamental Breach
A serious violation of a contract that allows the aggrieved party to terminate the agreement and sue for damages.
Tendered Payment
The act of offering money or payment to fulfill a debt or obligation, especially within the context of fulfilling contractual agreements.
Liquidated Damages
Pre-determined damages agreed upon by the parties involved in a contract, to be paid if one party breaches the contract.
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