Examlex
Measures used to evaluate the manager of an investment center include investment turnover and profit margin.
Late Deliveries
Instances where goods or services are provided after the expected or agreed upon delivery time, potentially causing inconvenience or breach of contract.
Cancel Contract
The act of legally terminating a contract, releasing both parties from their obligations under the contract.
Doctrine
A principle or body of principles held by a legal, political, or philosophical system, often serving as a guideline for decision-making.
Commercial Impracticability
A legal principle under the Uniform Commercial Code (UCC) that excuses a party from performing a contract when an unforeseen event makes performance extremely difficult or expensive.
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