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Political scientist V. O. Key Jr. argued that voters behave about as rationally and responsibly as we should expect. His rationale was
Commercial Reasonableness
The standard by which business actions are judged, based on what a reasonable person would consider fair and appropriate under the circumstances.
Consequential Damages
Refers to the secondary effects or financial losses that occur as a result of a breach of contract, beyond the immediate scope of the agreement.
Substitute Goods
Products or services that can serve as replacements for one another, satisfying the same consumer need.
Perfect Tender Rule
A legal principle in sales law requiring goods delivered under a contract to exactly meet the terms, quantities, and quality specified by the buyer.
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