Examlex
What is the breakeven point for this seashell necklace business?
Accrues
The process of an asset or amount gradually increasing over time, typically through interest or benefits.
Non-breaching Party
A party to a contract who has not failed to fulfill any of their contractual obligations.
UCC
Pertains to the Uniform Commercial Code, which is a detailed collection of regulations that oversee business dealings within the United States.
Implied Warranties
Unspoken, unwritten promises ensured by law that guarantee the goods sold meet certain criteria of quality and usability without expressly stating them.
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