Examlex
Which age group is the fastest-growing segment?
Collateral Promise
A secondary promise that is ancillary (subsidiary) to a principal transaction or primary contractual relationship, such as a promise made by one person to pay the debts of another if the latter fails to perform. A collateral promise normally must be in writing to be enforceable.
Before Marriage
Refers to the period or status of individuals' lives before entering into a legally recognized marital union.
Writing Requirement
A legal principle that certain kinds of contracts must be in writing to be enforceable.
Unilateral Promise
A pledge or commitment by one party to perform an act without requiring a reciprocal promise from another party.
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