Examlex
Real options are:
Rejecting Delivery
The action of refusing to accept delivery of goods or services, typically due to non-compliance with terms of contract.
Reasonable Time
A time period which is fair and appropriate under the circumstances, legally often used to define the period in which an action must be taken.
Unforeseeable Events
Circumstances or incidents that could not have been predicted or expected and therefore may relieve parties from liability in contracts under the doctrine of force majeure.
Contract Obligations
Responsibilities and duties that parties are legally bound to perform as per the terms of a contract.
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