Examlex
In a short essay, discuss why simply examining a country's per capita GDP and its population doesn't necessarily lead to a good estimate for potential demand.
Senior Management
The highest level of executives and managers in an organization who are responsible for its overall operations and strategy.
Implied Repudiation
A situation where one party's actions or statements indicate an intention not to fulfill contractual obligations, thus leading to a breach of contract.
Express Repudiation
The clear and unequivocal refusal to fulfill one's duties or obligations under a contract.
Specific Performance
A legal remedy requiring a party to execute a contract according to its precise terms, often applied in cases where monetary damages are insufficient.
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