Examlex
Using the accompanying drawing of an electrochemical cell,identify the components labeled 1,2,and 5,respectively.
Exemption Clause
A contractual term that limits one party's liability for breach of contract, negligence, or other unforeseen circumstances.
Extra Consideration
An additional benefit or payment required to finalize an agreement or contract, beyond the initially agreed terms.
Contract Discharge
The conclusion of a contractual obligation, either through completion of the contract terms, mutual agreement, or other legal methods.
Novation
The process of substituting a new contract or obligation for an old one, requiring the agreement of all parties involved.
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