Examlex
The goals formulated for an organization as a whole become the general framework for operations and lead to more specific objectives for department managers.
Illegal Performance
An action or service that cannot be legally rendered or provided in a contract due to violating laws or regulations.
Objective Impossibility
A legal concept signifying a situation where the fulfillment of a contractual obligation or duty cannot be completed by anyone due to external circumstances beyond control.
Financial Inability
Financial inability refers to a state where an individual or entity cannot fulfill financial obligations or make payments due to insufficient funds or assets.
Doctrine Of Frustration
A legal principle allowing a contract to be set aside or terminated if an unforeseen event renders contractual obligations impossible, or radically changes the party's principal purpose for entering into the contract.
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