Examlex
Experiential learning refers to using an integrated process of experiencing, identifying, analyzing, and generalizing to gain insights in learning.
Implied Contracts
Agreements inferred from the actions, behavior, or circumstances of the parties involved, rather than from written documentation or explicit verbal agreement.
Article 2
Refers to a section of the Uniform Commercial Code that governs the sale of goods.
Bilateral Contract
An agreement where each of the two parties makes a promise or set of promises to the other.
Unilateral Contract
An agreement in which a promise by one party is exchanged for an act performed by the other party.
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