Examlex
Weaknesses in which system led to the creation of a new constitution in 1787?
Timely Performance
Executing or completing a task or duty within the allocated or agreed upon time frame.
Liquidated Damages Clause
A contract provision that establishes a predetermined amount of damages to be paid if one of the parties breaches the contract.
Material Breach
A violation of a contract's terms that is so substantial it fundamentally disrupts the contract's purpose, allowing the other party to terminate the agreement.
Difficult to Estimate
Refers to a situation, value, or outcome that is challenging to predict or quantify accurately due to varying factors or complexities.
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