Examlex
Find the domain of .
Best Efforts
A contractual obligation that requires one party to exert all possible efforts to fulfill the terms of the contract without guaranteeing a specific outcome.
UCC
The Uniform Commercial Code is an extensive collection of regulations that oversee commercial dealings within the United States.
Risk of Loss
The potential for an asset to decrease in value or for a financial loss to occur in a transaction.
Reimbursed
Repaid or compensated for expenses or losses incurred.
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