Examlex
If the performance of all subsystems is optimized, it follows that the overall system is optimum.
Right to an Accord and Satisfaction
A legal settlement where both parties agree to accept terms that differ from the original agreement to settle a dispute.
Nonconforming Goods
Products delivered by a seller that do not meet the specifications or requirements as stated in a contract of sale.
Uniform Commercial Code
A comprehensive set of laws governing commercial transactions in the United States.
Breach of Contract
The violation of any of the agreed-upon terms and conditions of a binding contract. This breach could involve not performing on time, not performing in accordance with the terms of the agreement, or not performing at all.
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