Examlex
The intrinsic value of an option to buy stock rises as
Risk of Loss
denotes the possibility that an asset or investment's value will decrease, reflecting the chance of losing on an investment or possession.
Contract Voided
A legal declaration that a contract is null and void and, therefore, unenforceable as though it never existed.
Partial Inability
A condition where an individual or entity is limited in some capacity but is not completely incapacitated.
Performance Impracticable
A doctrine under which a party may be released from a contract due to the occurrence of unforeseen events making performance impossible or extremely burdensome.
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