Examlex
Complete the following table.
Breaches Contract
Occurs when one party fails to fulfill its obligations under the contract, violating the agreement.
Resale Value
The estimated amount for which an item or asset can be sold again in the future, often considered in the context of automobiles, electronics, and real estate.
Sue
This is a legal term referring to the act of bringing a lawsuit against another party in a court of law.
Implied Warranty
A legal term for the assurance that a product is fit for the purpose for which it is sold, even if not explicitly described or mentioned.
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