Examlex
Three of the following statements represent valid vacation pay policies that are used by organizations. Which does NOT?
Terminate
To bring to an end or conclude something, such as a contractual agreement, employment, or a process.
Repudiation
The refusal to fulfill or acknowledge contractual obligations, often leading to a breach of contract claim.
Material Breach
A significant violation or failure to comply with a contractual duty, which can lead to the contract's termination.
Minor Breach
A violation of a contract that does not significantly harm the intent of the agreement, allowing the contract to still be fulfilled.
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