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Force Majeure Clauses in International Business Contracts Commonly Set Forth

question 6

True/False

Force majeure clauses in international business contracts commonly set forth the major clauses of the contracts.


Definitions:

Defenses

Legal arguments and strategies employed to contest allegations or charges in a legal case.

Fraudulent Misrepresentation

A false statement of fact made knowingly, or without belief in its truth, or recklessly, causing someone to enter into a contract.

Real Estate

Property comprising land and the buildings on it, along with its natural resources such as crops, minerals, or water.

Basement

The lowest floor of a building, typically below ground level.

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