A contract that is not enforceable by either party.
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Void Contract
A promise to make payment to a charitable organization; a pledge; it is enforceable
even though the charity gives nothing in exchange.
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Charitable Subscriptions
,Damages agreed to in advance and provided for in the contract; usually appropriate
when it is difficult to know how much the damages will be.
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Liquidated Damages
A federal agency that develops and enforces safety standards in the workplace.
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Occupational Safety and Health
In contract negotiations, the person who makes the offer.
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Offeror
Original federal act governing employer obligations on employing immigrants
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Immigration and Naturalization Act
,Clause in a contract that excuses performance in the event of war, embargo, or other
generally unforeseeable event.
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Force Majeure
A new offer made in return by one who rejects an unsatisfactory offer.
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Counteroffer
Under FLSA, all employees must be paid a minimum wage.
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Minimum Wage
Intent to defraud.
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Scienter
, Receipt for goods issued by a carrier; used as a means of transferring title in
exchange for payment or a draw on a line of credit.
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Bill of Lading
In contract formation, misstatements of materials facts without the intent to deceive
the other party.
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Misrepresentation
Liability without fault
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Strict liability
Negligence defense that bars an injured party from recovering any damages if the
injured party acted in a negligent way and contributed to her own injuries.
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Void Contract
A promise to make payment to a charitable organization; a pledge; it is enforceable
even though the charity gives nothing in exchange.
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Charitable Subscriptions
,Damages agreed to in advance and provided for in the contract; usually appropriate
when it is difficult to know how much the damages will be.
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Liquidated Damages
A federal agency that develops and enforces safety standards in the workplace.
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Occupational Safety and Health
In contract negotiations, the person who makes the offer.
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Offeror
Original federal act governing employer obligations on employing immigrants
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Immigration and Naturalization Act
,Clause in a contract that excuses performance in the event of war, embargo, or other
generally unforeseeable event.
Give this one a try later!
Force Majeure
A new offer made in return by one who rejects an unsatisfactory offer.
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Counteroffer
Under FLSA, all employees must be paid a minimum wage.
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Minimum Wage
Intent to defraud.
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Scienter
, Receipt for goods issued by a carrier; used as a means of transferring title in
exchange for payment or a draw on a line of credit.
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Bill of Lading
In contract formation, misstatements of materials facts without the intent to deceive
the other party.
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Misrepresentation
Liability without fault
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Strict liability
Negligence defense that bars an injured party from recovering any damages if the
injured party acted in a negligent way and contributed to her own injuries.
Give this one a try later!
