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Mitigate Damages
The legal principle that requires a party suffering loss or injury to take reasonable action to minimize the extent of the damage or loss.
Employment Contract
A formal agreement specifying the terms and conditions under which an employee agrees to perform certain duties for an employer.
Right of First Refusal
A legal right allowing the possessor to initiate a business deal with the owner of an asset, prior to the owner having the right to engage in that deal with another party.
Injunction
A court order requiring an individual to do or cease doing a specific action.
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