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The Phenomenon of a Person or Group Holding Multiple Stakeholder

question 14

Multiple Choice

The phenomenon of a person or group holding multiple stakeholder duties is referred to as:


Definitions:

Breach of her Contract

The failure or refusal to fulfill the terms agreed upon in a contract by a female party involved.

Condition

In contract law, a future, uncertain event that creates or extinguishes a duty of performance; a provision or clause in a contract that operates to suspend or rescind a party’s duty to perform.

Condition Precedent

A condition that operates to give rise to a contracting party’s duty to perform.

Close of Escrow

The finalization of a real estate transaction, where all conditions have been met and the property's title is transferred from the seller to the buyer.

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