Examlex
Match the term with its definition.
-A loan for which items of inventory or other movable property serve as collateral
Assignor
A party who transfers their rights or interests in a contract or property to another party, known as the assignee.
Mirror-Image Rule
A principle in contract law stating that an offer must be accepted exactly without modifications for a valid contract to be formed.
Industry-Specific
Refers to products, services, or standards that are specific to a particular industry or sector.
Restatement of Contracts
A comprehensive compilation of legal principles regarding contract law intended to clarify, modernize, and illustrate current legal practices.
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