Examlex
More often than not,equipment failure is caused by
Strict Interpretation
The judicial practice of applying a narrow, literal, and precise reading of legal texts or statutes.
Force Majeure Clause
A contract term anticipating some catastrophic event usually exempting liability when such an event interferes with performance of the contract.
Catastrophic Event
An unexpected, large-scale disaster that causes significant -physical, economical or environmental damage or loss of life.
Condition Subsequent
A contract condition that, when it occurs, ends the party's obligation to perform under the contract.
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