Examlex
Historically, a problem with PET bottle recycling was related to the fact that ____.
Condition Subsequent
A future event or circumstance that, if it occurs, may terminate a party's obligation under a contract.
Constructive Condition
An implied condition in contracts that must be met before the obligation of the other party becomes due, even if it is not explicitly stated in the contract itself.
Impracticability
A doctrine that excuses a party from performing a contract when unforeseen events make performance excessively difficult or expensive.
Good Faith
Good Faith is the concept of acting with honesty and sincerity without any intention to defraud or seek unfair advantage.
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