Examlex
A frequent problem with technology transfer across borders is that much of the technological capability is not easily transferable from one partner to another.
Fundamental Breach
A breach of a fundamental aspect of the contract that is not covered by an exclusion clause; a breach that goes to the very root of the contract.
Risk of Loss
A term referring to the responsibility for damage or destruction of goods, typically discussed in contracts or insurance contexts to determine who bears the financial burden when property is damaged.
Sale-of-Goods Contract
A legal agreement where a seller transfers or agrees to transfer ownership of goods to a buyer for a price.
Unascertained Goods
Items for sale that have not been specifically identified at the time of contract formation.
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