Examlex
When designing a sales compensation plan,which of the following management tools is likely to be most helpful?
Condition Subsequent
A specific condition in a contract that, when it occurs, ends the contract's obligations.
Exemption Clause
A contract term that limits the liability of one party under certain circumstances, often found in terms and conditions.
Fundamental Breach
A violation of a contract that is so severe it permits the aggrieved party to terminate the agreement and possibly seek damages.
Minor Aspect
A less significant or minor detail or element of a larger issue or subject.
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