Examlex
The sales-mix variance is the difference between budgeted contribution margin for the actual sales mix and the budgeted contribution margin for the budgeted sales mix.
Breach of Condition
A breach of condition refers to the failure to meet a critical term of a contract, which can entitle the other party to terminate the agreement and seek damages.
Legal Tender
A form of money that under law must be accepted if offered in payment of debt.
Self-induced Frustration
A situation where a party deliberately or through its own actions causes the conditions that render it unable to fulfill a contract, thus cannot claim frustration of the contract.
Halloween Sales
Periodic retail promotions and discounts offered around the end of October in celebration of Halloween, aiming to boost sales with themed products.
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