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Research on employee stock ownership plans indicates that they
Revoke Acceptance
The right of a buyer to cancel acceptance of goods received if they substantially fail to conform to the contract, under certain conditions.
Nonconforming Goods
Products delivered under a sales contract that fail to meet quality, specification, or performance requirements.
Substantially Impaired
A situation where the value, function, or utility of something has been significantly reduced or damaged.
Conform to the Contract
The requirement for the goods, services, or conditions provided or received to meet the specifications, quality, and terms outlined in a contractual agreement.
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