demandclaim
A demand claim is a formal assertion by a party that another party owes them something, typically money, goods, or performance arising from a contract, tort, or statutory right. The term is not universally standardized and is used across various fields to describe a written demand or notice seeking enforcement of a right rather than a filed lawsuit.
In practice, a demand claim often takes the form of a written demand letter or notice. It
The handling of a demand claim typically involves internal review by the recipient, potential negotiations, and
Overall, a demand claim functions as an early, written effort to compel compliance or payment and to