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Subjective Impossibility
A situation in which it is impossible for an individual to perform a contractual duty due to personal inability or circumstances, despite the task being objectively possible.
Frustration Of Purpose
A defense in contract law that may excuse parties from their obligations if an unforeseen event undermines the contract's original purpose.
Condition Precedent
A condition or event that must occur before a contract or a specific provision within a contract becomes effective or enforceable.
Illusory Promise
A statement or promise that is misleading or lacks the necessary intent to be legally enforceable.
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