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What is retained earnings.How is it calculated?
Contract Price
The total agreed-upon amount that will be paid for the completion of contractual obligations.
Anticipatorily Breached
This refers to a situation in law where a party indicates, either through their actions or words, that they will not fulfill their contractual obligations before the performance is due.
Resale
The act of selling an item that has already been purchased from the original seller to another buyer.
Consequential Damages
Damages that can be claimed in a lawsuit which are not a direct result of the act but occur as a secondary consequence of the wrongful act.
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