Examlex
What is the definition or appropriate example of the following item.
-Variable costs
Indemnification
A provision where one party agrees to compensate another for any loss or damage incurred, often seen in contracts.
Substantial Departure
A significant deviation or movement away from a previously set course or standard, often used in legal or regulatory contexts.
Extremely Hazardous Activities
Activities that pose significant risk of causing substantial harm, often requiring stricter liability standards in tort law.
Justifiable Expectations
Legitimate anticipations or assumptions made by a party in a contract, protected by law.
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