Examlex
Which of the following statements is true about native applications?
Liquidated Damages
A pre-determined amount of money agreed upon in a contract, paid as compensation for failure to perform certain obligations by the stipulated deadline.
Earthquake
A sudden and violent shaking of the ground, sometimes causing great destruction, as a result of movements within the earth's crust or volcanic action.
Prohibitively Expensive
Costs that are so high they discourage or prevent an individual or entity from purchasing a service or product or undertaking an action.
Impossibility of Performance
A legal doctrine that releases parties from their contractual obligations when an event occurs that makes performance objectively impossible.
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