BUS LAW-FINAL questions and answers Graded A+

BUS LAW-FINAL questions and answers Graded A+ Accord -Agreement under which one party promises to give or perform, and the other party to accept, in satisfaction of a claim, something different from what the parties originally agreed. Accord and Satisfaction -An agreement (accord) to accept different performance than originally promised, and the completion of that new performance (satisfaction), which discharges the original obligation. Adhesion Contract -A take-it-or-leave-it standard-form contract drafted by the stronger party, with little/no bargaining by the weaker party. Adverse Possession -Gaining legal title by openly and continuously possessing land for the statutory period under required conditions. Affirmative Action -Policies/practices intended to increase opportunities for historically underrepresented groups within legal limit