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A Reservation of Rights Is an Assertion by a Party

question 47

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A reservation of rights is an assertion by a party to a contract that even though a tendered performance is accepted, the right to damages for the nonconformity to the contract is reserved.


Definitions:

Maximum Height

The highest point or peak that an object or function reaches.

Horizontal Distance

The measurement of distance between two points along a straight line on the horizontal plane.

Consecutive Odd Integers

A sequence of odd numbers where each number is two more than the previous one.

Product

The result of multiplying two or more numbers together.

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