In addition, the terms of a contract must be sufficiently definite for a court to enforce them. Enforcement and Contract Defenses. If a court determines that a contract exists, it next must decide whether that contract should be enforced. There are a number of reasons why a court might not enforce a contract.
startup. Early stage in the life cycle of an enterprise where the entrepreneur moves from the idea stage to securing financing, laying down the basis structure of the business, and initiating operations or trading.arly stage in the life cycle of an enterprise where the entrepreneur moves from the idea stage to securing financing, laying down the basis structure of the business, and initiating operations or trading.
The product life cycle (PLC)The stages (introduction, growth, maturity, decline) that a product may go through over time. includes the stages the product goes through after development, from introduction to the end of the product.he product life cycle helps a company understand the stages (introduction, growth, maturity, and decline) a product or service may go through once it is launched in the marketplace. The number and length of stages can vary. When a product is launched or commercialized, it enters the introduction stage.