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Key Terms Instructions: Please Define the Following Key Terms

question 74

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Key Terms Instructions: Please define the following key terms. Show Who? What? Where? When? Why Important?
Cluny


Definitions:

Anticipatorily Repudiated

A doctrine in contract law where one party, ahead of time, indicates that they will not fulfill their contract obligations, allowing the other party to treat the contract as breached.

Executory

Pertaining to a contract or agreement that has been made but not yet fulfilled by one or more of the parties involved.

Condition Subsequent

A condition in a contract that, if it occurs, can end the contract or modify its terms after the contract has been executed.

Sale Or Return

A commercial arrangement where goods are provided to a buyer or reseller who has the option to return unsold items within a specified period instead of purchasing them.

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