Examlex
Today,COGSA allows ocean carriers to put clauses in their bills of lading exonerating them from liability.
Substantial Deviations
Major divergences or departures from a set path, standard, or expected norm.
Material Breach
A significant violation or failure to perform one's obligations under a contract, which justifies the non-breaching party's termination of the contract.
Discharge by Performance
The termination of contractual obligations by fully executing the duties and responsibilities outlined in the contract.
Contractual Duty
A legal obligation in a contract requiring a party to act or not act in a certain way.
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