Examlex
Describe the mandate of a labour relations board.
Financially Unsound Contract
A contract deemed as high-risk due to the financial instability or inability of one or more parties to fulfill their obligations.
Relieved from Performance
A legal condition where a party is released from fulfilling their obligations under a contract due to unforeseen circumstances.
Perfect Tender Rule
The perfect tender rule is a principle in sales law that allows a buyer to reject goods delivered by a seller if they do not meet all contract specifications.
Substantial Deviations
Major divergences or departures from a set path, standard, or expected norm.
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