Find the Product and Simplify

question 241

Multiple Choice

Find the product and simplify.

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Definitions:

Substantial Performance Doctrine

A legal principle stating that if a party to a contract fulfills enough of its duties to warrant payment, they may be entitled to payment less any damages caused by their failure to fully comply with the contract terms.

Contract Price

The financial consideration stipulated in a contract that is agreed upon by both parties for the sale, lease, or other forms of exchange.

Discharge By Breach

The termination of a contractual obligation due to one party's failure to fulfill the contract terms, allowing the non-breaching party to seek remedies.

Material Failure

A significant malfunction or defect in a product or system that prevents it from functioning as intended or causes a hazard.