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Third-Party Beneficiaries
Individuals who are not directly involved in a contract but stand to benefit from it as stipulated by the contracting parties.
Seller's Warranties
Guarantees made by a seller regarding the condition, functionality, or quality of goods or services.
Liquidated Damages
Damages specified as a term of the contract, before a breach of contract occurs.
Breach of Contract
A violation of any of the agreed-upon terms and conditions of a binding contract.
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