hayan obrado
-they/you have acted
Present perfect subjunctive ellos/ellas/ustedes conjugation of obrar.

obrar

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De hecho, en una operación entre personas físicas hay más posibilidades de rectificar el error antes de que las partes hayan obrado en consecuencia.
Indeed, in a transaction between individuals there is a greater ability to correct the error before parties have acted on it.
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