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Key Terms: Define each term and provide an example of each. 1. Discharge: 2. Strict performance: 3. Substantial performance: 4. Time is of the essence

Key Terms: Define each term and provide an example of each.

1. Discharge:

2. Strict performance:

3. Substantial performance:

4. Time is of the essence clause:

5. Commercial Impracticality:

6. Frustration of Purpose:

7. Condition precedent:

8. Condition subsequent:

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