Examlex
Outline some of the major problems with the conventional grievance arbitration system and indicate briefly how expedited arbitration,grievance mediation,and preventive mediation can help address some of these problems.
Valid Acceptance
In contract law, a manifestation of assent to the terms of an offer in a manner invited or required by the offer, constituting a binding legal agreement.
Unilateral Contract
A contract in which one party makes a promise in exchange for the other's performance, which constitutes acceptance of the offer, focusing on acted-upon promises rather than exchanges of promises.
Full Performance
The complete fulfillment of all terms and obligations specified within a contract, leading to its termination upon satisfactory execution by all parties involved.
Bilateral Contract
A contractual agreement involving two parties where each promises to perform an act in exchange for the other's act, with mutual obligations binding both parties.
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