North Dakota Code 9-11-06 – Ratable proportion of benefits awarded to debtor
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If performance of an obligation is prevented by any cause excusing performance, other than the act of the creditor, the debtor is entitled to a ratable proportion of the consideration to which the debtor would have been entitled upon full performance according to the benefit which the creditor receives from the actual performance.
Terms Used In North Dakota Code 9-11-06
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.