Examlex
The "perfect tender rule" provides that only substantial deviations from the promised performance in a sales contract under the Code constitute a material breach and discharge the aggrieved party from the duty of performance.
Apparent Authority
Apparent authority refers to a situation where a person appears to have the authority to act on behalf of another (such as an employer) even if no actual authority has been granted, leading others to reasonably believe in that authority.
Mutual Agreement
An accord reached by two or more parties who have made concessions to each other to resolve a conflict or reach a decision.
Notified
Informed or made aware, often in a formal or official manner.
Terminated
The ending of an employment relationship or agreement, either voluntarily by resignation, or involuntarily by the employer.
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