Examlex
The value of lodging provided to a professor to enable him to live near the campus is excluded from gross income.
Breach Of Contract
The failure to fulfill the terms of a contract by one or more parties involved in the contract.
Performing
The act of fulfilling a command, duty, or role as required or agreed.
Commercially Impracticable
This term refers to situations where fulfilling a contractual obligation has become excessively burdensome or impossible due to unforeseen events, making performance “commercially impracticable.”
Foreseeable
The quality of being able to predict or anticipate an event as likely to happen based on available information.
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