What Is a Force Majeure Clause

question 134

Essay

What is a force majeure clause?

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Definitions:

Extraneous Variable

A variable that influences the outcome of an experiment but is not the variable that is actually of interest. It's external and not the focus of the study.

Information Technology

The use of systems (especially computers and telecommunications) for storing, retrieving, and sending information.

Data Mining

A process of analyzing large datasets to discover patterns, trends, and relationships that can inform decision-making.

Environmental Scanning

The process of continually acquiring information on events occurring outside the organization to identify and interpret potential trends.