Examlex
Which performance appraisal technique lists traits and a range of performance for each?
Consideration
The value (such as money, service, or goods) exchanged between parties in a contract which makes the agreement legally binding.
Bilateral Contract
An agreement involving two parties where each promises to perform an act in exchange for the other's act.
Unilateral Contract
A legal agreement in which only one party makes a promise or undertakes a performance obligation in exchange for an act by the other party.
Breach of Contract
An act of breaking the terms set out in a contract, which can result in legal consequences for the party that fails to honor its commitments.
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