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A gift causa mortis is considered a conditional gift.
Commercial Impracticability
A legal doctrine allowing parties to suspend or terminate their contractual obligations when unexpected events fundamentally alter the nature of the contract and performance becomes unfeasibly burdensome.
Substantial Performance
A concept in contract law where a party has completed enough of the contract to warrant payment, though some minor elements may still need to be finished.
Construction Industry
A sector of the economy focused on the planning, designing, and building of infrastructure and buildings.
Frustration Of Purpose Doctrine
The Frustration of Purpose Doctrine is a legal principle allowing contract parties to be relieved from performing their obligations when an unforeseen event undermines the contract’s original purpose.
Q7: An instrument is order paper when by
Q9: An action for injunctive relief may be
Q11: A holder is also known as an
Q21: In order to strengthen the _, in
Q25: A catalog illustration can become the basis
Q27: "Without reserve" auctions give the auctioneer the
Q28: A liquidation of damages clause in a
Q31: Coppersmith executed and delivered negotiable notes to
Q40: A third person automatically has the status
Q40: Commercial paper facilitates the transfer of funds