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Quasi-Contract Quasi-contract is a contractual arrangement between two sides who have never prior established duties to one another. The judicial process.......
Voidable Contract A Voidable Contract is a written agreement between the two parties that may be deemed invalid for a variety of legal grounds. Whenever an agreement is voidable...
Abstract of Title An Abstract of Title, also known as a Title Abstract, is a succinct summary of the numerous acts that impact the possession of a unit of property.
Sweetheart contract Agreement between union leaders and management to terms that works to their mutual benefit but maintains poor working conditions
Guaranteed investment contract (GIC) Guaranteed investment contract (GIC) is an arrangement in private pension plans in which the insurer guarantees the interest rate on a
Entire-contract clause Entire-contract clause provision in life insurance policies stating that the life insurance policy and attached application constitute the entire
Contractual liability Contractual liability is a legal liability of another party that the business firm agrees to assume by a written or oral contract.
Contract bond Contract bond is a type of surety bond guaranteeing that the principal will fulfill all contractual obligations.
Adhesion Contract An Adhesion Contract is a contractual relationship in which one entity specifies almost all of the deal's conditions. The respondent has practically no leverage to reach an acceptable agreement.
Aided tracking mechanism Aided tracking mechanism is a device consisting of a motor and variable speed drive which provides a means of setting a desired tracking rate into a ...
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