{"iri":"http://lmss.sali.org/RuYatR0GQCBDUpS0WtbxAv","id":"RuYatR0GQCBDUpS0WtbxAv","label":"Commercially Reasonable Efforts Standard","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.","prefLabels":[],"altLabels":["Commercially Reasonable Efforts Standard","Estándar de Esfuerzos Comercialmente Razonables","Estándar de Esfuerzos Comercialmente Razonables","Norme d'efforts commercialement raisonnables","Padrão de esforços comercialmente razoáveis","Standard für kommerziell angemessene Anstrengungen","תקן מאמץ מסחרי סביר","वाणिज्यिक उचित प्रयास मानक","商业上合理努力标准","商業上合理な努力基準"],"examples":[],"notes":[],"sources":[],"branch":{"iri":"http://lmss.sali.org/RlNFgB3TQfMzV26V4V7u4E","label":"Objectives"},"parents":[{"iri":"http://lmss.sali.org/R7xBgB4PfVczsw05VoUobOY","id":"R7xBgB4PfVczsw05VoUobOY","label":"Efforts Standards"}],"children":[],"relations":[],"url":"https://lmss.io/tag/RuYatR0GQCBDUpS0WtbxAv/","source":{"repo":"sali-legal/LMSS","ref":"3f9ac0c9357b2a971582ae79ede243511d47811d","channel":"pre-release"}}