Examlex
When Blue-ray disc players were first introduced to the market, what would the logical choice for promotion have been?
Liability for Negligence
The legal responsibility that arises when someone fails to exercise a reasonable standard of care, resulting in harm or damage.
Substantial Performance
Substantial performance is a legal principle indicating that if a party has performed enough of its contract obligations, it can demand payment or compensation, minus deductions for unfinished or incorrect work.
Breach of Contract
A breach of contract occurs when one party fails to fulfill its obligations under the contract, thereby violating the agreement.
Punitive Damages
Monetary compensation awarded to an aggrieved party that goes beyond what is necessary to compensate for losses, intended to punish the wrongdoer.
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