Examlex
Japan must give up the production of 75 computers to produce 25 additional cellular telephones.The opportunity cost of producing 3 computers is _____ cell phone(s) .
Equitable Requirement
A condition or stipulation based on fairness, justice, and reasonableness, often considered in legal contexts.
Lease Contract
A legal agreement in which one party rents property, services, or goods from another party for a specified period of time.
Commercial Impracticability
A legal doctrine that excuses a party from performing a contract when events have occurred making performance excessively difficult, expensive, or harmful.
Frustration of Purpose
A legal doctrine that allows parties to be relieved from their contractual obligations if an unforeseen event undermines the contract's original purpose.
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