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What Was a Spinning Jenny

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What was a spinning jenny?


Definitions:

Oral Contract

An oral contract is an agreement between two or more parties that is spoken and not written down, yet is legally binding.

Convey the Deed

The act of transferring title of real property from one person or entity to another through a legal document.

Parol Evidence Rule

A rule in contract law that prevents parties from presenting extrinsic evidence of prior or contemporaneous agreements to alter or contradict the terms of a written contract.

Standardized Form Contracts

Contracts that are preprinted and contain set terms and conditions for all parties, typically not negotiable.

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