Acceleration (law)
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The examples and perspective in this article deal primarily with the United States and do not represent a worldwide view of the subject. (October 2018) (Learn how and when to remove this template message) |
Acceleration is defined in law as a shortening of the time period in which something is to take place.[1]
Context of use in American law[edit]
In American law, it usually appears within the context of what is known as an "acceleration clause" to a contract. This is a clause that requires payment in full of a contract if certain conditions occur.[2] Another concept that involves acceleration is what is known as the "acceleration principle", which states that the fluctuations of supply and demand of goods will proportionately effect the wear and tear of the machinery used in the manufacturing process.[3]
References[edit]
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