Examlex
What is a device that is around the same size as a credit card, containing embedded technologies that can store information and small amounts of software to perform some limited processing?
Risk Of Loss
A legal and contractual concept determining which party bears the risk for damage or loss of goods after a sale has been completed but before delivery is made.
Contract Price
The total agreed-upon amount for services or goods detailed within a contract.
Commercial Impracticability
A doctrine allowing parties to suspend or terminate contractual obligations when unexpected events fundamentally alter the nature of the contract, making performance unfeasible.
Increased Production Costs
A scenario where the expenses associated with producing goods or services rise, potentially affecting prices and profitability.
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