a state law that requires that certain contracts be in writing to be enforceable
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Statue of Frauds
A promise often given by the seller of a business not to compete with the buyer of the
business in an agreed area for a specified time
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covenant not to compete
All parties must fully understand and agree to all terms freely
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Offer and Acceptance
Prohibits anti-competitive practices such as price fixing, leading a consumer to
believe commissions are nonnegotiable, market allocation, and group boycotts of
other companies listings
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Sherman Antitrust Act
Allows the tenant the opportunity to buy the property before the owner accepts an
offer from another party.
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right of first refusal
A contract that has not as yet been fully performed.
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executory contract
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Statue of Frauds
A promise often given by the seller of a business not to compete with the buyer of the
business in an agreed area for a specified time
Give this one a try later!
covenant not to compete
All parties must fully understand and agree to all terms freely
, Give this one a try later!
Offer and Acceptance
Prohibits anti-competitive practices such as price fixing, leading a consumer to
believe commissions are nonnegotiable, market allocation, and group boycotts of
other companies listings
Give this one a try later!
Sherman Antitrust Act
Allows the tenant the opportunity to buy the property before the owner accepts an
offer from another party.
Give this one a try later!
right of first refusal
A contract that has not as yet been fully performed.
Give this one a try later!
executory contract