Examlex
A researcher finds a significant correlation between the IQ scores and the SES of a large sample of American adults. What can she conclude?
Supervening Event
An event that occurs after the parties have entered into a contract and significantly changes the circumstances, possibly excusing performance.
Additional Labor
Extra workforce employed to meet increased demand or to complete a specific project or task.
Material Breach
A significant failure to perform under a contract which permits the other party to either demand performance or terminate the agreement.
Frustration of Purpose
A doctrine in contract law that can discharge the parties' obligations when a change in circumstances makes the contract impossible to perform as originally intended.
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