Examlex
The ________ was formed by twelve member countries with the primary motivation of reasserting the region's economic position against the United States and Japan.
Unexpected Event
An occurrence or situation that was not foreseen or anticipated and may significantly impact contracts or legal obligations.
Substantially Impaired
A term used to describe a significant reduction in the ability or function of something or someone.
Novation
The act of replacing an existing contract with a new one, where a different party assumes the rights and obligations of the original party.
Accord
An agreement in contract law where one party agrees to accept something different (often less) than what was initially agreed upon as satisfactory performance.
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