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The tutorial explains that the Enterprise One system now allows users to change the expiration date of agreements to an earlier date using the agreement master program. Taylor, a managing associate at a manufacturing company, wants to terminate an agreement with a supplier due to decreased demand. The enhanced program lets Taylor modify the expiration date as long as there are no transactions dated on or after the new expiration date. Additionally, when setting up an agreement, Taylor can have the program check if the agreement partner is on credit hold, ensuring that the agreement setup is postponed until the credit issue is resolved.