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Match the Descriptor with the Correct Term

question 35

Multiple Choice

Match the descriptor with the correct term. Not all descriptors may be used.
-Person time/person years


Definitions:

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.

Accord And Satisfaction

A legal contract whereby a dispute is settled by the parties involved agreeing on payment that is different from the original obligation.

Material Breach

A significant violation of a contractual agreement which grants the aggrieved party the right to sue for damages or terminate the contract.

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