Examlex
If the U.S. District Court for Rhode Island, the Tax Court, and the Eleventh Circuit have all ruled on a particular issue, then what precedents have been set for which courts in the future?
Subjective Standard
A criterion for judgment that varies based on individual perceptions, feelings, or opinions, rather than objective external factors.
Objective Impossibility
A situation where the fulfillment of a contract is literally impossible due to circumstances beyond the control of the involved parties.
Subjective Impossibility
A situation where a party to a contract feels personally unable to perform their obligations, but the performance may still be possible by someone else.
Commercial Impracticability
A legal doctrine allowing parties to suspend or terminate their contractual obligations when unexpected events fundamentally alter the nature of the contract and performance becomes unfeasibly burdensome.
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