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The choice between centralization and decentralization is not absolute.
Injured Party
An individual or group that has suffered harm or damage due to another person's actions or a breach of contractual obligations.
Performance
Execution or completion of duties or tasks as required or agreed upon in a contract.
Material Breach
A significant failure to perform a part of a contract that permits the other party to either demand performance or terminate the agreement.
Buyer's Obligations
The duties and responsibilities a buyer assumes in a transaction, such as paying the purchase price and complying with the terms of the agreement.
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