Examlex
In the last few years (since 2001), the trade deficit has increased dramatically.
Breach
A violation or infringement of a law, duty, agreement, or trust.
Nonconforming Goods
Products delivered under a contract that fail to meet the specifications or standards agreed upon.
Revocation
Termination of a contract that occurs when an offeror takes back the initial offer and annuls the opportunity for the offeree to accept the offer.
Accepted
A term indicating that an offer has been agreed upon by all parties involved, creating a binding contract.
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