Examlex
In an organization that does not implement SAP,overnight updates on inventory data ensures that salespeople have accurate inventory data while making a sale.
Cover
In contracts, especially concerning the sale of goods, the act of obtaining replacement goods or services when a seller fails to fulfill their obligations.
Security Interest
A legal claim or right granted over an asset to secure the payment of a debt or performance of some other obligation.
Contract Breach
An act of breaking the terms set out in a contract, which can result in legal action for enforcement or damages.
Capacity
Refers to the legal ability of a party to enter into a contract.
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