Examlex
A farmer finds that when he produces more corn,he also has more cornstalks that he can sell as decorations.To the farmer,corn and cornstalks are:
Risk of Loss
Refers to the exposure to harm or danger that may result in loss, often considered in the context of contracts or insurance.
Destroyed
To damage something so badly that it no longer exists or cannot be repaired.
Impossibility of Performance
A legal defense used in contract law where a party claims that fulfilling the obligations of a contract has become objectively impossible due to unforeseen events.
Supervening Events
Events that occur after the formation of a contract which could render the performance impossible or significantly change the nature of the original agreement.
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