Examlex
Reference initials identify the __________ of a letter.
Breach Of Contract
Occurs when one party fails to fulfill their obligations under a contract, leading to legal consequences for the defaulting party.
Contract Price
The total financial compensation agreed upon by all parties involved in a contract for the sale, purchase, or delivery of goods or services.
Market Price
The present cost for purchasing or selling an asset or service in a specific market.
Consequential Damages
Special damages that compensate for a loss that is not direct or immediate (for example, lost profits). The special damages must have been reasonably foreseeable at the time the breach or injury occurred in order for the plaintiff to collect them.
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