Examlex
More than 40 percent of the employees at Hile Corp. lost their jobs during a recent recession. The human resource department of Hile Corp. would term this as
Adequacy
The state of being sufficient or appropriate in quantity, quality, or degree.
Stay Agreement
A legal document that temporarily suspends proceedings or actions as agreed upon by the involved parties.
Materially Breached
signifies a significant failure to comply with the terms of a contract, invalidating the agreement.
Adequate Consideration
Consideration in a contract that is fairly equitable and of sufficient value, considering the facts of the case and the circumstances surrounding the agreement.
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