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Listed Below Are Five Terms Followed by a List of Phrases

question 175

Multiple Choice

Listed below are five terms followed by a list of phrases that describe or characterize each of the terms. Match each phrase with the correct term.
-Simple capital structure


Definitions:

Parties' Duties

Responsibilities and roles defined within a contract or agreement that must be performed by the entities involved.

Monetary Damages

Compensation awarded in the form of money to a person who has suffered loss or injury because of the act or omission of another.

Equitable Damages

Compensation awarded by courts for losses or harm that cannot be quantified by monetary standards alone, seeking to restore the injured party to their original position.

Executory Contracts

Agreements between parties that have yet to be fully performed or executed by one or more of the parties involved.

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