Examlex
The management science perspective emerged after World War II to treat problems associated with:
Partial Destruction
Damage to property or an item that does not completely render it unusable, but significantly impairs its value or function.
Risk Of Loss
A legal and contractual concept determining which party bears the risk for damage or loss of goods after a sale has been completed but before delivery is made.
Contract Price
The total agreed-upon amount for services or goods detailed within a contract.
Commercial Impracticability
A doctrine allowing parties to suspend or terminate contractual obligations when unexpected events fundamentally alter the nature of the contract, making performance unfeasible.
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