Examlex
Which of the following is a true statement about the House of Representatives and the Senate?
Total Breach
A significant failure to fulfill a core obligation of a contract, allowing the other party to terminate the agreement and seek damages.
Estoppel
A legal principle preventing someone from arguing something contrary to a claim previously made or acted upon in good faith.
Waiver
The intentional relinquishment of a known right. It is a voluntary act and implies an election by the party to dispense with something of value, or to forgo some advantage that he or she might have demanded and insisted on.
Personal Satisfaction
A contractual condition requiring an obligation to be performed to the personal satisfaction of one of the parties involved, subject to reasonable criteria.
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