Examlex
Why are gas turbines more efficient at generating electricity than steam turbines?
Exemption Clause
A contractual term that seeks to limit or exclude one party's liability for certain breaches or scenarios.
Fundamental Breach
A severe violation of a contract that allows the aggrieved party to terminate the agreement and possibly seek damages.
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.
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