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Constructing a well-structured,well-developed REA diagram eliminates which anomaly problem(s) ?
Substantial Performance
A level of performance of a contract deemed acceptable even if it does not comply with all terms, due to substantial compliance with the contract.
Conditions Precedent
Specific conditions outlined in a contract that must be met before a party is required to fulfill their part of the agreement.
Conditions Subsequent
Contractual clauses that stipulate certain events or actions must occur or fail to occur, which will terminate an existing obligation or contract.
Nominal Conditions
Conditions in name only, having little to no impact on the terms or outcome of a contract or agreement.
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