Examlex
The UN Environment Programme laid the groundwork for the Climate Change Convention, which led to the Kyoto Protocol.
Nonconforming Goods
Products that are delivered to a buyer that do not meet the specifications or requirements as stated in the purchase contract.
Deficiency
In legal and financial terms, deficiency refers to the shortfall between the owed debt and the proceeds from a sale of collateral or asset used to repay it.
Cure
The process of resolving a breach of contract in a manner that satisfies the aggrieved party or terms of agreement.
Good-faith Purchaser
An individual who buys property without knowing of any claims, liens, or encumbrances against it, thereby acquiring clean title.
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