Examlex
During a collision involving a vehicle with an adaptive steering column, the air bag computer will send an electrical signal to the pyrotechnic device and deploy it the same way as an air bag.
Collapse of Market
A rapid and significant decline in the value or performance of a market, leading to a widespread loss of confidence and investment.
Specific Performance
A legal remedy whereby a court orders the party who breached a contract to perform the promised action rather than merely compensating the other party with money.
Quasi-contract
An obligation imposed by law to prevent unjust enrichment, where the court enforces a contractual obligation on parties who have not agreed to enter into a contract.
Rescission
The legal act of voiding a contract and returning all involved parties to their pre-contractual positions, often due to misrepresentation, fraud, or error.
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