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A standard-form contract prepared by one party to be signed by another party in a position of weaker bargaining power.

A false statement of fact that induces a party to enter into a contract.

Unfair and improper persuasive pressure within a relationship of trust.

A contractual obligation of one party to compensate for the loss incurred to another party due to acts of the indemnitor or any other party.

A legal remedy whereby a court orders the party who breached the contract to perform the contract according to the precise terms agreed upon.

A rule that an offer is considered accepted at the moment the acceptance is communicated (via the postal system).

A contract having no legal force or binding effect.

An expression of assent to the terms of an offer in a manner required by the offer.

A promise or commitment to perform or refrain from performing some specified act in the future.

A rule that prevents parties to a written contract from presenting extrinsic evidence of terms of the contract that contradict, modify, or vary contractual terms.

A response to an offer in which the terms of the original offer are changed.

Wrongful pressure exerted upon a person to coerce that person into a contract that he or she would not ordinarily enter into.

A contract that has been fully performed on both sides.

A contract that has not yet been fully performed or fulfilled by the parties.

A legal concept that requires certain types of contracts to be executed in writing and signed by all parties to be enforceable.

Failure to perform any term of a contract, written or oral, without a legitimate legal excuse.

A written promise in a formal deed to perform or not perform certain acts.

A meeting of the minds where all parties acknowledge and agree to the contract terms.

A contract in which one party makes an offer that can only be accepted through action.

A contract involving mutual promises between two parties.

A valid contract that can be enforced in a court of law.

A clause that frees both parties from liability or obligation when an extraordinary event or circumstance beyond the control of the parties prevents one or both parties from fulfilling their obligations under the contract.

A contract that may be legally avoided (cancelled) at the option of one of the parties.

A clause under which one party (usually an employee) agrees not to enter into or start a similar profession or trade in competition against another party (usually the employer).

An amount of money agreed upon by both parties to a contract to be paid as damages in the event of default or breach of contract.

A court order that compels a party to do or refrain from specific acts.

Something of value given by both parties to a contract that induces them to enter into the agreement to exchange mutual performances.

Legal ability to enter into a contractual relationship.

An assurance by one party to an agreement of the truth of certain statements made to the other party.