Examlex
The risk of overreliance exposes the auditor to an effectiveness loss.
Perfect Tender Rule
A principle in the sale of goods law that allows buyers to reject goods if they do not exactly meet the terms of the contract.
Substantial Perform
This refers to a situation in contract law where a party has completed enough of their contractual obligations that they are considered to have fulfilled the contract, despite minor issues or incomplete details.
Right to Cure
The legal opportunity given to a defaulting party to correct or remedy their failure or breach within a specified time frame before further legal action is taken.
UCC
The Uniform Commercial Code encompasses a wide-ranging body of legal principles that control commercial transactions across the United States.
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