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In a just-in-time (JIT) environment, operations only respond to customer orders.
Fixed-term Tenancy
A leasing agreement for a specific period, providing stability for both tenant and landlord but limiting flexibility.
Abandons
The act of giving up a right, property, or interest without attempting to claim or sell it, often involving legal or financial implications.
Mitigate
To make less severe, serious, or painful; to minimize the impact or effect of something.
Quitclaim Deed
A deed that conveys only whatever interest the grantor had in the property and therefore offers the least amount of protection against defects of title.
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