Business Law Chapter 12 Vocab
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Last updated 7:22 PM on 5/8/25
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4 Terms
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Actual damages/compensatory damages
sum of money equal to financial loss suffered by injured party
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Anticipatory party
when a party to a contract either expresses or clearly implies an intention not to perform the contract, even before being required to act
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Assignee
outside third party to whom the assignment is made
Note 
Flashcards (76)