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What Does the Term "Substantial Performance" Mean? What Factors Are

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Essay

What does the term "substantial performance" mean? What factors are generally considered when determining whether one of the parties has substantially performed?


Definitions:

Producing

The act of creating, manufacturing, or otherwise bringing into existence a product or service.

Inheriting

The process by which assets, traditions, or genetic traits are received from predecessors or relatives after their death.

Estray Statutes

Laws that govern how stray livestock can be claimed, managed, or sold by individuals who find them.

Statutes of Limitations

Laws setting the maximum time after an event within which legal proceedings may be initiated, commonly affecting the enforceability of civil claims and criminal charges.

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