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Material Breach
A significant violation of a contract's terms, which undermines the agreement's fundamental purpose and provides grounds for legal action.
Quasi-contract
An obligation imposed by law to prevent unjust enrichment, even in the absence of a formal contract.
Economic Harm
Refers to financial loss or damage suffered by a person or entity, often as a result of wrongful actions of another.
Implied-in-fact Condition
A legal term for a provision that, although not expressly stated, is presumed to be a part of an agreement based on the actions or circumstances of the parties.
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