Examlex
What is the term given to the kanban used to signal to a previous stage that material can be withdrawn from inventory and transferred to a specific destination?
Rescission
The act of revoking, canceling, or repealing a contract, returning all parties involved to their pre-contractual state.
Discharged
Released or relieved from a duty, obligation, or liability, often used in legal or financial contexts.
Punitive Damages
Compensation awarded to a plaintiff beyond actual damages to punish the defendant for egregious conduct and deter future similar acts.
Substantial Performance
A principle in contract law that allows a contracting party to be considered as having fulfilled its obligations, so long as the crucial elements of the contract have been completed, even if minor details are unfinished.
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