Examlex
________ requires a corporation to repay a predetermined portion of the loan amount at regular intervals regardless of how much profit it is making.
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.
Monetary Judgement
A legal determination requiring a party to pay a specified sum of money to another.
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