External Factors
/ɪkˈstɜrnəl ˈfæktərz/
Definitions
- (n.) Circumstances or influences outside a legal entity that may affect its obligations, rights, or legal standing.
The court considered external factors such as economic conditions when adjudicating the contract dispute.
Forms
- external factor
Related terms
See also
Commentary
External factors in legal contexts often justify adjustments in contractual performance or are considered in risk assessment and case analysis.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.