Examlex
Are there any risks for a corporation that uses long-term debt financing? Support your answer.
Fundamental Breach
A violation of a contract that is so severe it permits the aggrieved party to terminate the agreement and possibly seek damages.
Minor Aspect
A less significant or minor detail or element of a larger issue or subject.
Anticipatory Breach
Occurs when one party to a contract indicates they will not fulfill their contractual obligations before the due time.
Legal Position
The stance or argument taken by a party in a legal proceeding that is grounded on laws, regulations, or legal principles.
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