The Promisor Who Substantially Performs Is Generally Entitled to the Contract

question 11

True/False

The promisor who substantially performs is generally entitled to the contract price less any damage the other party has suffered as a result of the defective performance.

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Definitions:

Operations Quality

The measure of excellence and efficiency within an organization's production processes and workflows, aimed at meeting or exceeding customer expectations.

Lean Production

A manufacturing methodology that focuses on minimising waste within manufacturing systems while simultaneously maximizing productivity.

Flexible Manufacturing

a production system designed to easily adapt to changes in the type and quantity of the product being manufactured.

Mediating Technology

Mediating technology involves tools or platforms that facilitate communication, interaction, or transaction between parties, often improving efficiency and accessibility.