Examlex
Which of the following management functions involves presenting,explaining,selling,and defending the work unit's activities to the supervisor in the agency and to persons and groups outside of the agency?
Output Contract
An agreement in which a seller agrees to sell all of its production to a single buyer, typically used to ensure a steady market for the seller's product.
Promissory Estoppel
An equitable doctrine that prevents a party from going back on a promise even if a legal contract does not exist, provided that the promisee has relied on that promise to their detriment.
UCC
Stands for Uniform Commercial Code, which is a comprehensive set of laws governing all commercial transactions in the United States.
Missing Contract Terms
Refers to conditions or clauses that are not explicitly stated in a contract, potentially leading to disputes or the need for judicial interpretation.
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