Examlex
All of the following utility statements are relevant in developing a mission statement EXCEPT
Right to Cure
The right to cure allows a party in breach of a contract a specified period to fix the breach before the other party can pursue legal remedies.
Substantial Impairment
A significant reduction in the ability or capacity of something, often used in legal contexts regarding the impairment of physical or mental functions.
Perfect Tender Rule
A principle in the sale of goods law that allows buyers to reject goods if they do not exactly meet the terms of the contract.
Substantial Perform
This refers to a situation in contract law where a party has completed enough of their contractual obligations that they are considered to have fulfilled the contract, despite minor issues or incomplete details.
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