Examlex
Which of the following statements is true?
Breaches Contract
A violation or infringement of the terms and conditions stated in a contract by any of the parties involved, leading to a breach of contract.
Profit on Resale
The financial gain obtained from selling an asset for more than its purchase price.
Substitute Goods
Products or services that can be used in place of one another, often influencing consumer choice.
Contract Price
The total agreed upon price specified in a contract that one party will pay to another for goods or services.
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