Examlex
The term ____ industry is used to refer to the companies that develop, produce, sell, or support computers, software, digital communications, and computer-related products.
Compensatory Damages
Money awarded to a plaintiff to reimburse for loss, injury, or harm suffered as a result of another's breach of duty or negligence.
Liquidated Damages
A clause in a contract that determines a fixed amount of compensation owed if one party fails to fulfill the contract's terms.
Anticipatory Repudiation
A breach of contract occurring when one party unilaterally declares they will not fulfill their contractual obligations before they are due to perform.
Immaterial Breach
A minor violation of a contract that does not result in significant harm or justify termination of the agreement by the other party.
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