Examlex
Evaluate:
Performance Value
Refers to the actual utility or effectiveness of a service, product, or asset in achieving its intended purpose or results.
Substantial Performance
A legal principle indicating that a contract has been nearly completed, enabling the performing party to receive payment, minus damages for any minor unfinished work.
Workmanlike Manner
The quality of performance in a job or task that meets acceptable industry standards and practices.
Anticipatory Repudiation
Occurs when one party indicates by words or actions that they will not fulfill their contractual obligations in the future.
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