Examlex
Working capital may be used to pay for:
Valid Contract
An agreement between two or more parties that is enforceable by law, meeting essential elements such as offer, acceptance, consideration, and legal purpose.
Cadillac
A luxury vehicle brand known for its high level of craftsmanship, comfort, and prestige.
Quantum Meruit
A legal principle where a person is paid for the value of the services provided, even in the absence of a contract, based on the reasonable value of services rendered.
Breaching Party
The entity or individual who fails to comply with the terms of a contract, thereby causing a breach.
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