Examlex
From a creditor's point of view, the higher the debt to total assets ratio, the lower the risk that the company may be unable to pay its obligations.
Concrete Mix
A combination of cement, water, sand, and aggregate (gravel or stone) that when cured, forms a robust and durable construction material.
Rectification
The legal process of correcting errors in a document to reflect accurately the intentions of the parties involved.
Mistake
An error in understanding or judgment that may affect the validity of a contract.
Frustrated Contract
A contract that, through no fault of either party, has become impossible to perform, leading to its termination and relieving both parties from their obligations.
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