Examlex
What is meant by a "napkin plan"?
Anticipatory Breach
A situation in contract law where one party indicates in advance that they will not fulfill their contractual obligations.
Frustrated Contract
A contract under which performance by a party is rendered impossible due to an unexpected or unforeseen change in circumstances affecting the agreement.
Specific Performance
A legal remedy in contracts law where a court orders a party to perform their obligations under a contract, rather than paying damages for not fulfilling the contract.
Injunction
A legal order from a court that compels a party to do or to refrain from doing specific acts, often used to prevent harm or to preserve status quo pending litigation.
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