Examlex
Many industrialized countries are experiencing population declines as more women choose careers and more couples elect to remain childless.
Accord And Satisfaction
A legal agreement between parties to settle a dispute by agreeing on a payment that is different from the original obligation.
Novation
The process of replacing an obligation to perform with a new obligation or substituting a new party to an agreement.
Anticipatory Repudiation
An assertion or action by a party indicating they will not perform their future obligations under a contract, allowing the other party to treat the contract as breached.
Objective Standard
A guideline used in law that is based on what a reasonable person would believe or do under the circumstances, rather than on the subjective intentions of the parties involved.
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