Gift of exchange for all goods and services
In all situation where compromising will not harm you too much, or where gains from wining will be much less the looses from stress and conflicts.
<u>The party may be entitled to a </u><u>partial recovery</u><u> under the </u><u>contract.</u>
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<h3><u>What is Substantial Performance in Contract Law?</u></h3>
Each party promises to uphold its end of the bargain when two parties enter into a contract. Say, for instance, that a property owner hires a contractor to work on their property's construction, such as adding a wing to the house. The property owner will pledge to pay for the services provided, and the contractor will promise to carry out the construction as specified in the contract.
When there is just a minor deviation from the terms of the agreement, a good faith attempt was made to achieve complete performance, and there was no major breach, a party may claim substantial performance. In essence, the result will be adequate to support payment for the services provided.
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Answer:
D. implies that, for most people, the marginal benefit of reading a second newspaper is less than the marginal cost
Explanation:
When marginal cost is greater than marginal benefit ,There's inefficiency. It is better for the consumer to stop consumption at this point.
I hope my answer helps you
