Examlex
In which of the following scenarios are models being used to make predictions and plan for the future?
Breach of Contract
The act of not executing any part of a contract, be it written or oral, without an acceptable legal excuse.
Contract
A legally binding agreement between two or more parties, which outlines obligations and rights related to a particular arrangement or deal.
Automatic Weaving Machine
A mechanical device that automates the process of weaving textiles, reducing manual labor and increasing production efficiency.
Finance Company
A business that provides loans to individuals or companies, typically specializing in areas such as consumer finance, leasing, and commercial lending.
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