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What is the Cassini division of Saturn's rings?
Commercial Impracticability
A principle where performance under a contract is deemed unduly burdensome due to unforeseen events, relieving the obligated party.
Nonperformance
Failure to fulfill a contractual duty or obligation.
Late Charges
Additional fees charged to a borrower for failing to make payments on time.
Time Of Essence
A contractual clause declaring that specific timelines and deadlines are crucial to the contract, with any delay constituting a breach.
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