<owl:Class xmlns="https://folio.openlegalstandard.org/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:v1="http://www.loc.gov/mads/rdf/v1#" xmlns:owl="http://www.w3.org/2002/07/owl#" xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:xsd="http://www.w3.org/2001/XMLSchema#" xmlns:folio="https://folio.openlegalstandard.org/" xmlns:rdfs="http://www.w3.org/2000/01/rdf-schema#" xmlns:skos="http://www.w3.org/2004/02/skos/core#" rdf:about="https://folio.openlegalstandard.org/RuYatR0GQCBDUpS0WtbxAv">
  <rdfs:subClassOf rdf:resource="https://folio.openlegalstandard.org/R7xBgB4PfVczsw05VoUobOY"/>
  <rdfs:label>Commercially Reasonable Efforts Standard</rdfs:label>
  <skos:altLabel xml:lang="de-de">Standard für kommerziell angemessene Anstrengungen</skos:altLabel>
  <skos:altLabel xml:lang="en-gb">Commercially Reasonable Efforts Standard</skos:altLabel>
  <skos:altLabel xml:lang="es-es">Estándar de Esfuerzos Comercialmente Razonables</skos:altLabel>
  <skos:altLabel xml:lang="es-mx">Estándar de Esfuerzos Comercialmente Razonables</skos:altLabel>
  <skos:altLabel xml:lang="fr-fr">Norme d'efforts commercialement raisonnables</skos:altLabel>
  <skos:altLabel xml:lang="he-il">תקן מאמץ מסחרי סביר</skos:altLabel>
  <skos:altLabel xml:lang="hi-in">वाणिज्यिक उचित प्रयास मानक</skos:altLabel>
  <skos:altLabel xml:lang="ja-jp">商業上合理な努力基準</skos:altLabel>
  <skos:altLabel xml:lang="pt-br">Padrão de esforços comercialmente razoáveis</skos:altLabel>
  <skos:altLabel xml:lang="zh-cn">商业上合理努力标准</skos:altLabel>
  <skos: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.</skos:definition>
</owl:Class>
