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Explain What May Constitute a Material Breach and List the Several

question 47

Essay

Explain what may constitute a material breach and list the several basic principles that must be applied to determine if a material breach exists in a given contract.


Definitions:

Biosphere

The spherical zone that includes life and all of the places life can exist on, below, and above Earth’s surface.

Rapid City Flood

A catastrophic flood event that occurred in Rapid City, South Dakota, in 1972 due to heavy rainfall.

Flash Flood

A local and sudden flood of short duration, such as that which may follow a brief but heavy rainfall.

Global Warming

Increasing global atmospheric and oceanic temperatures as measured or inferred from some point in the past to the present.

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