Examlex
Which type of leader often allows the group to make its own decisions without regard to the task at hand and ultimately may not achieve the goals the group was organized for in the first place?
Adequacy of Consideration
A legal principle assessing whether the value exchanged in a contract is reasonable and fair to both parties.
Breach-of-Contract
An act of breaking the terms set out in a contract, which can lead to legal consequences and damages.
Preexisting Duty Rule
A legal principle stating that performing a duty that one is already legally obligated to do is not sufficient consideration for a new contract.
Illusory Promise
A statement that appears to be a promise but does not actually bind the party to any commitment or obligation.
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