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Write the Ratio as a Fraction in Simplest Form 7160\frac { 7 } { 160 }

question 55

Multiple Choice

Write the ratio as a fraction in simplest form.
70 to 160

Understand the concept of restitution and its application in contractual disputes.
Comprehend the role of quasi-contracts in contract law.
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Definitions:

Performance

Execution or completion of duties or tasks as required or agreed upon in a contract.

Material Breach

A significant failure to perform a part of a contract that permits the other party to either demand performance or terminate the agreement.

Buyer's Obligations

The duties and responsibilities a buyer assumes in a transaction, such as paying the purchase price and complying with the terms of the agreement.

Contract

An agreement between two or more parties creating enforceable obligations.

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