Examlex
Negative statements about a competitor's products are permitted in comparative advertising provided they are clear, truthful, and non-deceptive. However, use of the competitor's trademark in such advertising will constitute trademark infringement unless the competitor grants permission for the use or the FTC approves the advertising in advance.
Written Agreement
A legally binding contract that is documented in a written format and signed by all parties involved.
Partial-Performance Exception
A legal principle allowing for the enforcement of an otherwise unenforceable contract due to one party's significant reliance on the agreement and performance.
Statute Of Frauds
A legal doctrine requiring certain types of contracts to be in written form and signed to be enforceable, aimed at preventing fraudulent claims.
Breach Of Contract
The failure, without legal excuse, to fulfill a contractual agreement.
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