FOLIO Ontology

Commercially Reasonable Efforts Standard

IRI:
https://folio.openlegalstandard.org/RuYatR0GQCBDUpS0WtbxAv
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Definition

The Commercially Reasonable Efforts Standard is a legal concept that refers to the level of effort that a party must exert in order to fulfill their obligations under a contract or agreement. This standard requires the party to act in a manner that is reasonable and consistent with industry practices and standards.

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Translations

🇬🇧 en-gb Commercially Reasonable Efforts Standard
🇪🇸 es-es Estándar de Esfuerzos Comercialmente Razonables
🇲🇽 es-mx Estándar de Esfuerzos Comercialmente Razonables
🇫🇷 fr-fr Norme d'efforts commercialement raisonnables
🇧🇷 pt-br Padrão de esforços comercialmente razoáveis
🇩🇪 de-de Standard für kommerziell angemessene Anstrengungen
🇮🇱 he-il תקן מאמץ מסחרי סביר
🇮🇳 hi-in वाणिज्यिक उचित प्रयास मानक
🇨🇳 zh-cn 商业上合理努力标准
🇯🇵 ja-jp 商業上合理な努力基準

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Additional Information

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Source and Origin

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