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Article 7.1.7 of the UNIDROIT Principles of International Commercial Contracts provides for a form of force majeure similar, but not identical, to the common law and civil law concepts of the term: relief from performance is granted "if that party proves that the non-performance was due to an impediment beyond its control and that it could not ...
Since windfall profits were unforeseen, some legislators believe that taxing them at a higher rate, or confiscating them outright, should not hurt the company. This type of taxation is known as a windfall profits tax .
Less than a week before the start of their first U.S. tour in five years, Massive Attack have canceled the performances due to “unforeseen circumstances.” The group did not elaborate in a post ...
An erosion gully in Australia caused by rabbits, an unintended consequence of their introduction as game animals. In the social sciences, unintended consequences (sometimes unanticipated consequences or unforeseen consequences, more colloquially called knock-on effects) are outcomes of a purposeful action that are not intended or foreseen.
The looming threat of closures comes as Frisch's Restaurants admitted Oct. 23 it faces an unspecified number of evictions from several locations due to "unforeseen circumstances."
“Due to unforeseen circumstances and situations that are not in our control, we will be closing our doors permanently on Sunday, Aug. 23 at 2 p.m. … We are deeply sorry for how this decision ...
A BBC spokesperson said: "Due to unforeseen circumstances, Amy Dowden was unable to be in tonight's results show." It has not yet been confirmed whether she may miss any further rehearsals or ...
Frustration of purpose, in law, is a defense to enforcement of a contract.Frustration of purpose occurs when an unforeseen event undermines a party's principal purpose for entering into a contract such that the performance of the contract is radically different from performance of the contract that was originally contemplated by both parties, and both parties knew of the principal purpose at ...