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A Complainant Must Have Exhausted All Remedies Available in Lower

question 39

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A complainant must have exhausted all remedies available in lower federal courts or state courts before

Identify the significance of express and implied conditions in contract enforcement.
Analyze how a condition subsequent can affect contract obligations.
Examine defences to breach of contract, including impossibility and personal satisfaction.
Understand the concept of substantial performance and its applicability.

Definitions:

Break-Even Point

The level of production or sales at which total revenues equal total costs, resulting in zero profit.

Partial Moves

Actions or strategies that are implemented to a limited extent, often as a trial or preliminary step before full execution.

Margin of Safety

The difference between actual or projected sales and the break-even sales, indicating the risk cushion for not incurring losses.

Contribution Margin

The amount by which a product's sales price exceeds its variable costs, indicating how much it contributes to covering fixed costs and generating profit.

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