Examlex
Most decisions in the real world follow the rational model.
Uniform Commercial Code
A comprehensive set of laws governing all commercial transactions in the United States.
Exculpatory Condition
A provision in a contract or agreement that frees one party from legal liability for any harm or damage caused.
Condition Precedent
A contractual condition that must be fulfilled before a party’s performance is required under a contract.
Anticipatory Breach
A situation where one party indicates they will not fulfill their contractual obligations before the performance is due, allowing the other party to seek legal remedies.
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