Commercial Frustration at Law Glossary
What is it? An excuse for a party not to perform a contractual obligation because of some unforeseeable or uncontrollable circumstance.Legal Definition Added By: Austin
The Commercial Frustration definition has been viewed 642 Time(s)!
Send To Friends!
If you'd like to send the Commercial Frustration definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -We hope you now understand the meaning of Commercial Frustration. If you need any more information on this term, please don't hesitate to contact us.
Other Similar Law Terms:
Legal Term Model for IR is a set of premisses and an algorithm for ranking documents with regard to a user query. More formally, a IR model is a quadruple [D, Q, F, R(qi,dj)] where D is a set of logical views of documents, Q is a set of user queries, F is a framework for modeling documents and queries, and R(qi,dj) is a ranking function which associates a numeric ranking to the query qi and the document dj.Legal Term Action is Case Cause, suit, or controversy disputed or contested before a court of justice.
Legal Term Arbitration is A determination made by impartial persons (often experts) as to the value of property or the extent of damage. In arbitration the proceeding is typically far less formal that a court proceeding, but the decision of the arbitrator is final, absent fraud. A
Legal Term Partnership is A business organization formed when two or more persons or entities come together to operate a business for profit. Partnerships do not enjoy limited liability, except in the case of limited partnerships.
Legal Term file is To place a paper in the official custody of the clerk of court to enter into the files or records of a case.