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Assignment
The transfer of rights, property, or obligations from one party to another, a common practice in contracts and financial transactions.
Delegation
The process of assigning responsibility and authority to another person to carry out specific activities.
Substantial Performance
A legal concept indicating that a party has completed enough of its contractual obligations to warrant payment or another form of compensation, even if minor details remain unfulfilled.
Agency
A relationship between two parties, where one party (the agent) is authorized to act on behalf of another (the principal) in business transactions.
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