Examlex
What percentage of R&D projects result in products that get to market?
Illegal Contract
A contract that is void and unenforceable from its inception because it involves activities that are against the law or public policy.
Unlicensed Attorney
An individual practicing law without the necessary legal authorization or license, which is illegal and subject to penalties.
Public Policy
Principles and standards considered to be in the public's interest by governing bodies and law.
Promissory Estoppel
A legal principle that prevents a party from reneging on a promise when the other party has reasonably relied on that promise to their detriment.
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