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By Implementing a New Incentive System for Employees Who Perform

question 116

Multiple Choice

By implementing a new incentive system for employees who perform well, Riverfront Software Corp. is satisfying the employees' ______ needs.


Definitions:

Anticipatory Breach

A declaration or act by one party to a contract that they do not intend to fulfill their future obligations, allowing the other party to take legal action before the breach occurs.

Implied Condition

An implied condition refers to a term not explicitly stated in a contract but considered to be included and necessary for the fulfillment of the contract's purpose.

Express Condition

A condition specifically and explicitly stated in a contract and usually preceded by words such as conditioned on, if, provided that, or when.

Equitable Relief

A type of legal remedy, including injunctions or specific performance, that requires a party to act or refrain from acting, rather than to pay damages.

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