Explain the Purpose of a Force Majeure Clause

question 148

Essay

Explain the purpose of a force majeure clause.

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Definitions:

Negatively Correlated

Describes a relationship between two variables in which one variable increases as the other decreases, and vice versa.

Wealth

An abundance of valuable financial assets or physical possessions which can include money, properties, and other material assets.

Marital Satisfaction

A measure of the happiness and fulfillment experienced within a marriage or long-term partnership.

Random Sampling

A technique used in research to select a sample of subjects in such a way that every individual has an equal chance of being chosen.