Examlex
Many experts think that in the future, water conflicts will be a major cause of international conflict. Currently, however, there are no international conflicts over water.
Statute of Limitations
A law that sets the maximum period one can wait before filing a lawsuit, depending on the type of case.
UCC
A complete range of laws called the Uniform Commercial Code is designated to administer commercial activities in the United States.
Flexible Statute
A law designed to be adaptable and able to accommodate various situations as they arise.
Liquidated Damages Provision
A contractual clause that determines the amount of damages payable if one of the parties breaches the agreement.
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