Examlex
Which of the following will shift the natural rate of unemployment?
Equitable Estoppel
The principle that when a gratuitous promise to do something in the future causes a person who relies on that promise to incur an expense, the promisor will not be allowed to enforce other contractual rights that are inconsistent with that promise; the promise can only be used as a defense by the promisee; also known as promissory estoppel.
Natural Person
An individual human being, as opposed to a legal entity like a corporation or government.
Legal Bound
Being officially restrained by law or legally obliged to perform or refrain from performing certain actions.
Presumptions
Assumed facts or principles that are taken as true until disproven, often used in legal contexts.
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