Examlex
Which of the following statements about a theory's concepts is true?
Absolute Promises
Unconditional commitments made by one party to another, requiring full performance without contingencies or reliance on future events.
Implied-in-Law Condition
A legally imposed condition in a contractual agreement, not explicitly stated, created to ensure fairness and justice, often derived from the nature of the agreement or parties' intentions.
Substantially Performed
A term indicating that the major and necessary tasks of a contract have been completed, even if minor details may have been omitted.
Commercial Impracticability
A legal defense that excuses the performance of a contract due to unforeseen and uncontrollable circumstances that make fulfillment excessively burdensome or impossible.
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