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What is the difference between a strain and a sprain?
Contractual Obligations
Contractual obligations are duties that parties are legally required to perform as outlined in a contract, failure of which may lead to legal consequences.
Anticipatory Breach
A situation in contract law where one party indicates by words or actions that they will not fulfill their contractual obligations before the due time for performance.
Specific Performance
A court-ordered mandate requiring a party to fulfill their obligations under a contract, typically used when monetary damages are insufficient.
Frustrated
In legal terms, refers to a contract that cannot be fulfilled due to unforeseen circumstances, rendering the obligations impractical or impossible to perform.
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