Examlex
How does the external environment affect business?
Performance Danger
Performance danger involves situations or conditions that significantly increase the likelihood of failure or harm during the execution of a task or duty, warranting precaution.
Major Failure
A significant breakdown or malfunction in a system, project, or product that impedes its intended function.
Exemption Clauses
Provisions in a contract that aim to limit or exclude one party's liability in certain circumstances.
Exculpatory Clauses
Provisions in a contract that relieve one party from liability for wrongdoing.
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