A party who knowingly accepts defective performance of a contract thereby acknowledges the breach and can take later action on it.

Name: A party who knowingly accepts defective performance of a contract thereby acknowledges the breach and can take later action on it.
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A party who knowingly accepts defective performance of a contract typically waives the right to later claim a breach, as acceptance implies consent to the performance as fulfilling the contract.

A Party Who Knowingly Accepts Defective Performance of a Contract