Examlex
Which of the following is NOT considered in the calculation of incremental cash flows?
Faulty Steering Mechanism
A defect in a vehicle's steering system that can lead to loss of control, potentially causing accidents or injuries.
Merchantable Quality
A standard for goods being sold under a contract, ensuring they are of sufficient quality to be sold for their ordinary purpose.
Implied Terms
Provisions not expressly stated in a contract but understood to be included based on the nature of the agreement, legal requirements, or customary practice.
Breach of Condition
A violation of a specific condition set in a contract, which can lead to the termination of the agreement.
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